NAICS Code 423930-14 - Plastics-Scrap (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423930-14
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NAICS Code 423930-14 Description (8-Digit)

Plastics-Scrap (Wholesale) is a subdivision of the Recyclable Material Merchant Wholesalers industry that deals with the buying and selling of plastic scrap materials. This industry involves the collection, sorting, and distribution of plastic waste materials that can be recycled and reused in the manufacturing of new plastic products. The plastic scrap materials can come from a variety of sources such as industrial waste, post-consumer waste, and construction waste. The main goal of this industry is to reduce the amount of plastic waste that ends up in landfills and promote the use of recycled plastic materials.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423930 page

Tools

Tools commonly used in the Plastics-Scrap (Wholesale) industry for day-to-day tasks and operations.

  • Plastic shredders
  • Granulators
  • Balers
  • Compactors
  • Conveyors
  • Sorting machines
  • Magnetic separators
  • Density separators
  • Air classifiers
  • Pelletizers
  • Extruders
  • Injection molding machines
  • Blow molding machines
  • Thermoforming machines
  • Drying equipment
  • Weighing scales
  • Forklifts
  • Pallet jacks
  • Hand trucks

Industry Examples of Plastics-Scrap (Wholesale)

Common products and services typical of NAICS Code 423930-14, illustrating the main business activities and contributions to the market.

  • Plastic bottles
  • Plastic bags
  • Plastic containers
  • Plastic packaging
  • Plastic toys
  • Plastic furniture
  • Plastic pipes
  • Plastic film
  • Plastic automotive parts
  • Plastic construction materials
  • Plastic household items
  • Plastic electronic components
  • Plastic medical devices
  • Plastic sports equipment
  • Plastic garden tools
  • Plastic office supplies
  • Plastic kitchenware
  • Plastic pet products
  • Plastic stationery
  • Plastic building insulation

History

A concise historical narrative of NAICS Code 423930-14 covering global milestones and recent developments within the United States.

  • The Plastics-Scrap (Wholesale) industry has a long history dating back to the early 1900s when the first synthetic plastic, Bakelite, was invented. The industry grew rapidly during World War II when the demand for plastic products increased. In the 1960s, the industry experienced a significant shift towards recycling and reusing plastic materials. The first recycling plant for plastics was established in the 1970s, and since then, the industry has continued to grow. In recent years, the industry has faced challenges due to the increasing awareness of environmental issues and the need for sustainable practices. In the United States, the industry has seen a rise in demand for recycled plastic materials due to the implementation of regulations and policies aimed at reducing plastic waste. For example, in 2018, China banned the import of plastic waste, which led to an increase in demand for recycled plastic materials in the United States.