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NAICS Code 424610-05 Description (8-Digit)

Plastic Molders (Wholesale) is a subdivision of the NAICS Code 424610 that involves the wholesale distribution of plastic molded products. This industry is responsible for the distribution of a wide range of plastic molded products, including but not limited to plastic containers, bottles, caps, closures, and other plastic products. Plastic Molders (Wholesale) companies purchase plastic molded products from manufacturers and distribute them to retailers, wholesalers, and other businesses.

Hierarchy Navigation for NAICS Code 424610-05

Tools

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

  • Injection molding machines
  • Blow molding machines
  • Extrusion machines
  • Thermoforming machines
  • Granulators
  • Material handling equipment
  • Mold temperature controllers
  • Hot runner systems
  • Cooling systems
  • Mold release agents

Industry Examples of Plastic Molders (Wholesale)

Common products and services typical of NAICS Code 424610-05, illustrating the main business activities and contributions to the market.

  • Plastic containers
  • Plastic bottles
  • Plastic caps
  • Plastic closures
  • Plastic jars
  • Plastic trays
  • Plastic buckets
  • Plastic tubes
  • Plastic spouts
  • Plastic lids

Certifications, Compliance and Licenses for NAICS Code 424610-05 - Plastic Molders (Wholesale)

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

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • ISO 14001: This certification ensures that the company has an environmental management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • OSHA 30-Hour General Industry Training: This training program provides workers with information on how to identify, prevent, and respond to workplace hazards. It is provided by the Occupational Safety and Health Administration (OSHA).
  • DOT Hazardous Materials Training: This training program provides workers with information on how to safely handle and transport hazardous materials. It is provided by the Department of Transportation (DOT).
  • UL Certification: This certification ensures that the company's products meet safety and performance standards. It is provided by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 424610-05 covering global milestones and recent developments within the United States.

  • The "Plastic Molders (Wholesale)" industry has a long history of development and growth worldwide. The first plastic molding machine was invented in the 1860s, and the industry has been growing ever since. In the 1930s, the first thermoplastic injection molding machine was developed, which allowed for faster and more efficient production of plastic products. In the 1950s, the industry saw a significant increase in demand due to the rise of consumer goods made from plastic, such as toys, kitchenware, and electronics. In recent years, the industry has continued to grow due to advancements in technology, such as 3D printing, which has allowed for more complex and customizable plastic products to be produced. In the United States, the "Plastic Molders (Wholesale)" industry has seen significant growth in recent years.

Future Outlook for Plastic Molders (Wholesale)

The anticipated future trajectory of the NAICS 424610-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Plastic Molders (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for plastic products in various sectors such as automotive, construction, and packaging. The industry is also expected to benefit from the growing trend of using lightweight and durable plastic products. Additionally, the increasing focus on sustainability and the use of recycled plastic materials is expected to create new opportunities for the industry. However, the industry may face challenges such as rising raw material costs and increasing competition from overseas manufacturers.

Industry Innovations for NAICS Code 424610-05

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

  • 3D Printing: The use of 3D printing technology has revolutionized the plastic molding industry by allowing manufacturers to create complex and customized plastic products with greater precision and efficiency.
  • Biodegradable Plastics: The development of biodegradable plastics has been a major milestone in the industry, as it addresses the growing concern over plastic waste and its impact on the environment.
  • Smart Plastics: The use of smart plastics, which can change their shape or color in response to external stimuli, has opened up new possibilities for the industry in areas such as healthcare, electronics, and automotive.
  • Nanocomposites: The use of nanocomposites, which are materials made by combining nanoparticles with polymers, has led to the development of stronger and more durable plastic products.
  • Recycling Technology: The development of new recycling technologies has made it possible to recycle more types of plastic materials, reducing waste and creating new opportunities for the industry.

NAICS Code 424610-05 - Plastic Molders (Wholesale)

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