NAICS Code 423930-17 - Recycling Centers (Wholesale)

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NAICS Code 423930-17 Description (8-Digit)

Recycling Centers (Wholesale) are businesses that purchase and sort recyclable materials from various sources such as businesses, municipalities, and individuals. These materials are then processed and sold to manufacturers who use them to create new products. Recycling Centers (Wholesale) play a crucial role in reducing waste and conserving natural resources by diverting materials from landfills and incinerators. They typically operate large facilities with advanced sorting and processing equipment to handle a high volume of materials.

Hierarchy Navigation for NAICS Code 423930-17

Tools

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

  • Conveyor belts
  • Forklifts
  • Balers
  • Shredders
  • Compactors
  • Grinders
  • Sorting machines
  • Magnetic separators
  • Optical sorters
  • Dust collectors

Industry Examples of Recycling Centers (Wholesale)

Common products and services typical of NAICS Code 423930-17, illustrating the main business activities and contributions to the market.

  • Paper recycling
  • Plastic recycling
  • Glass recycling
  • Metal recycling
  • E-waste recycling
  • Battery recycling
  • Textile recycling
  • Construction waste recycling
  • Food waste recycling
  • Hazardous waste recycling

Certifications, Compliance and Licenses for NAICS Code 423930-17 - Recycling Centers (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • RIOS: Recycling Industry Operating Standard is a certification that ensures that the recycling facility is operating in an environmentally responsible and safe manner. It is provided by the Institute of Scrap Recycling Industries (ISRI).
  • R2: Responsible Recycling is a certification that ensures that the recycling facility is following responsible recycling practices and is not exporting hazardous waste to developing countries. It is provided by Sustainable Electronics Recycling International (SERI).
  • ISO 14001: Environmental Management System is a certification that ensures that the recycling facility is managing its environmental impact in a systematic and sustainable manner. It is provided by the International Organization for Standardization (ISO).
  • OHSAS 18001: Occupational Health and Safety Management System is a certification that ensures that the recycling facility is managing its occupational health and safety risks in a systematic and sustainable manner. It is provided by the British Standards Institution (BSI).
  • EPA ID Number: The Environmental Protection Agency (EPA) Identification Number is a permit that is required for hazardous waste generators, transporters, and treatment, storage, and disposal facilities. It ensures that the facility is complying with the Resource Conservation and Recovery Act (RCRA) regulations.

History

A concise historical narrative of NAICS Code 423930-17 covering global milestones and recent developments within the United States.

  • The recycling industry has been around for centuries, with the first recorded instance of recycling dating back to ancient Rome, where bronze statues were melted down and repurposed. In the 19th century, the industrial revolution led to an increase in waste production, and the need for recycling became more pressing. The first modern recycling center was established in New York City in the 1890s, and by the 1970s, recycling had become a mainstream practice in the United States. The recycling industry has continued to evolve, with advancements in technology and increased awareness of environmental issues leading to more efficient and effective recycling processes. In recent history, the recycling industry in the United States has faced challenges due to changes in global recycling markets. In 2018, China, which had been the largest importer of recyclable materials, implemented new restrictions on imports, leading to a surplus of recyclables in the United States. This has led to a shift in the recycling industry, with a focus on developing domestic markets for recycled materials and improving the quality of recyclables to meet new market demands. Despite these challenges, the recycling industry in the United States remains an important part of the economy, providing jobs and reducing waste.

Future Outlook for Recycling Centers (Wholesale)

The anticipated future trajectory of the NAICS 423930-17 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Recycling Centers (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for recycled materials. The growing awareness of environmental issues and the need to reduce waste is driving the demand for recycled materials. Additionally, the government is implementing policies and regulations to promote recycling, which is expected to boost the industry's growth. The industry is also expected to benefit from technological advancements that are making the recycling process more efficient and cost-effective.

Industry Innovations for NAICS Code 423930-17

Recent groundbreaking advancements and milestones in the Recycling Centers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Recycling centers are using advanced sorting technologies to improve the efficiency of the recycling process. These technologies use sensors and artificial intelligence to sort materials more accurately and quickly, reducing the need for manual labor and increasing the amount of material that can be recycled.
  • Some recycling centers are implementing closed-loop recycling systems, which allow them to recycle materials in a closed system without any waste. This system reduces the amount of waste generated during the recycling process and makes the process more sustainable.
  • Recycling centers are partnering with businesses to implement recycling programs that reduce waste and increase the amount of material that can be recycled. These programs involve educating employees about recycling and providing them with the tools and resources they need to recycle effectively.
  • Some recycling centers are using blockchain technology to track the origin and movement of recycled materials. This technology provides transparency and accountability in the recycling process, which can help to increase consumer confidence in recycled products.
  • Recycling centers are exploring new markets for recycled materials, such as the construction industry. Recycled materials can be used in construction to reduce waste and lower costs, making them an attractive option for builders and contractors.

NAICS Code 423930-17 - Recycling Centers (Wholesale)

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