NAICS Code 424690-10 - Bleaching Compounds (Wholesale)

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NAICS Code 424690-10 Description (8-Digit)

Bleaching compounds are a type of chemical product that is used to remove color from a variety of materials. This process is commonly used in the textile industry to create white fabrics, but it can also be used in other industries such as paper manufacturing and food processing. Bleaching compounds are typically sold in bulk quantities to other businesses that require large amounts of the product.

Hierarchy Navigation for NAICS Code 424690-10

Tools

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

  • Sodium hypochlorite
  • Hydrogen peroxide
  • Sodium chlorite
  • Sodium percarbonate
  • Sodium bisulfite
  • Sodium metabisulfite
  • Sodium hydrosulfite
  • Calcium hypochlorite
  • Potassium permanganate
  • Sodium dithionite

Industry Examples of Bleaching Compounds (Wholesale)

Common products and services typical of NAICS Code 424690-10, illustrating the main business activities and contributions to the market.

  • Textile manufacturing
  • Paper manufacturing
  • Food processing
  • Water treatment
  • Pulp and paper production
  • Chemical manufacturing
  • Pharmaceutical manufacturing
  • Cosmetics manufacturing
  • Agricultural processing
  • Leather tanning

Certifications, Compliance and Licenses for NAICS Code 424690-10 - Bleaching Compounds (Wholesale)

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

  • Hazard Communication Standard (HCS): The HCS is a set of guidelines that require chemical manufacturers, distributors, and importers to provide information about the hazards of their products to their customers. This standard is enforced by the Occupational Safety and Health Administration (OSHA).
  • Chemical Facility Anti-Terrorism Standards (CFATS): CFATS is a set of regulations that require high-risk chemical facilities to develop and implement security plans to prevent terrorist attacks. This standard is enforced by the Department of Homeland Security (DHS).
  • Responsible Distribution: This certification is provided by the National Association of Chemical Distributors (NACD) and requires companies to demonstrate their commitment to environmental, health, safety, and security standards.
  • ISO 9001: This certification is provided by the International Organization for Standardization (ISO) and requires companies to demonstrate their ability to consistently provide products and services that meet customer and regulatory requirements.
  • ISO 14001: This certification is also provided by ISO and requires companies to demonstrate their commitment to environmental management.

History

A concise historical narrative of NAICS Code 424690-10 covering global milestones and recent developments within the United States.

  • The history of the Bleaching Compounds (Wholesale) industry dates back to the 18th century when the first bleaching powder was discovered by a Scottish chemist. The industry grew rapidly in the 19th century with the development of new bleaching agents and the expansion of the textile industry. In the 20th century, the industry continued to grow with the development of new bleaching compounds for various applications, including paper, food, and water treatment. In recent years, the industry has seen a shift towards more environmentally friendly bleaching compounds, with a focus on reducing the use of chlorine-based compounds and developing new, sustainable alternatives. In the United States, the Bleaching Compounds (Wholesale) industry has a more recent history, with significant growth occurring in the mid-20th century. The industry has been driven by the growth of the paper and pulp industry, which is a major consumer of bleaching compounds. In recent years, the industry has faced challenges due to increased competition from overseas manufacturers and a shift towards digital media, which has reduced demand for paper products. Despite these challenges, the industry has continued to innovate and develop new products, with a focus on sustainability and reducing the environmental impact of bleaching compounds.

Future Outlook for Bleaching Compounds (Wholesale)

The anticipated future trajectory of the NAICS 424690-10 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 industry "Bleaching Compounds (Wholesale)" in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for bleaching compounds in various industries such as textile, paper, and pulp. The growing awareness about hygiene and cleanliness is also expected to drive the demand for bleaching compounds. Additionally, the increasing use of bleaching compounds in the food and beverage industry for sterilization purposes is expected to boost the demand for these compounds. The industry is also expected to benefit from the increasing trend of using eco-friendly and sustainable bleaching compounds. However, the industry may face challenges due to the increasing competition from substitute products and the fluctuating prices of raw materials.

Industry Innovations for NAICS Code 424690-10

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

  • Introduction Of Eco-Friendly Bleaching Compounds: With the increasing awareness about environmental sustainability, many companies are introducing eco-friendly bleaching compounds that are biodegradable and do not harm the environment.
  • Development Of High-Performance Bleaching Compounds: Many companies are investing in research and development to develop high-performance bleaching compounds that can provide better results in less time.
  • Use Of Nanotechnology In Bleaching Compounds: The use of nanotechnology in bleaching compounds is gaining popularity as it can improve the efficiency of the compounds and reduce the amount of chemicals required.
  • Introduction Of Customized Bleaching Compounds: Many companies are offering customized bleaching compounds that are tailored to the specific needs of their customers.
  • Increasing Use Of Bleaching Compounds In the Food and Beverage Industry: The use of bleaching compounds in the food and beverage industry for sterilization purposes is increasing, which is expected to drive the demand for these compounds.

NAICS Code 424690-10 - Bleaching Compounds (Wholesale)

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