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NAICS Code 424690-14 Description (8-Digit)

Carbide (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of carbide, a compound made up of carbon and a metallic element, typically tungsten, used in the production of cutting tools, abrasives, and other industrial applications. Carbide is known for its hardness and durability, making it a popular material in the manufacturing industry.

Hierarchy Navigation for NAICS Code 424690-14

Tools

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

  • Carbide inserts
  • Carbide end mills
  • Carbide drills
  • Carbide burrs
  • Carbide saw blades
  • Carbide tipped router bits
  • Carbide tipped hole saws
  • Carbide tipped circular saw blades
  • Carbide tipped planer knives
  • Carbide tipped bandsaw blades

Industry Examples of Carbide (Wholesale)

Common products and services typical of NAICS Code 424690-14, illustrating the main business activities and contributions to the market.

  • Carbide cutting tools
  • Carbide abrasives
  • Carbide wear parts
  • Carbide mining tools
  • Carbide tool blanks
  • Carbide dies
  • Carbide punches
  • Carbide nozzles
  • Carbide rods
  • Carbide strips

Certifications, Compliance and Licenses for NAICS Code 424690-14 - Carbide (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).
  • OSHA Hazard Communication Standard: This certification ensures that the company is compliant with the Occupational Safety and Health Administration's (OSHA) Hazard Communication Standard, which requires employers to provide information and training to employees about hazardous chemicals in the workplace.
  • EPA Toxic Substances Control Act (TSCA) Certification: This certification ensures that the company is compliant with the EPA's TSCA, which regulates the manufacture, import, processing, and distribution of chemicals in the US.
  • DOT Hazardous Materials Transportation Certification: This certification ensures that the company is compliant with the US Department of Transportation's (DOT) regulations for the transportation of hazardous materials.
  • ANSI Z87.1 Certification: This certification ensures that the company's eye and face protection products meet the American National Standards Institute's (ANSI) Z87.1 standard for eye and face protection.

History

A concise historical narrative of NAICS Code 424690-14 covering global milestones and recent developments within the United States.

  • Carbide is a compound of carbon and a less electronegative element, such as boron, silicon, or tungsten. The carbide industry has a long history dating back to the late 1800s when the first carbide lamp was invented. The lamp was used in mining and other industrial applications. In the early 1900s, the carbide industry expanded to include the production of tungsten carbide, which is used in cutting tools, abrasives, and other applications. During World War II, the carbide industry played a critical role in the production of synthetic rubber, which was used in the war effort. In recent years, the carbide industry has continued to grow and innovate, with new applications being developed for carbide products in the aerospace, automotive, and medical industries. In the United States, the carbide industry has a more recent history. The industry began to develop in the 1950s and 1960s, with the establishment of companies such as Kennametal and Sandvik. These companies focused on the production of tungsten carbide cutting tools for the metalworking industry. In the 1970s and 1980s, the carbide industry in the United States expanded to include the production of other carbide products, such as wear parts for the mining and construction industries. In recent years, the carbide industry in the United States has continued to grow, with new applications being developed for carbide products in the energy, medical, and aerospace industries.

Future Outlook for Carbide (Wholesale)

The anticipated future trajectory of the NAICS 424690-14 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 Carbide (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for carbide products in various end-use industries such as automotive, aerospace, and construction. The growth of the construction industry, especially in developing countries, is expected to drive the demand for carbide cutting tools. Additionally, the increasing demand for electric vehicles is expected to drive the demand for carbide products used in the manufacturing of batteries and other components. The industry is also expected to benefit from the increasing adoption of automation in manufacturing processes, which requires high-quality carbide cutting tools. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost manufacturers in developing countries.

Industry Innovations for NAICS Code 424690-14

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

  • Kennametal's Beyond Evolution™: A new line of solid carbide end mills that offer high performance and longer tool life.
  • Sandvik Coromant's Corodrill® 860-GM: A new carbide drill that offers high precision and productivity in the manufacturing of aluminum components.
  • Osg's EXOCARB® AERO UVX-LH-DBT: A new carbide end mill that offers high performance and longer tool life in the manufacturing of aircraft components.
  • Iscar's HELI3MILL: A new line of carbide end mills that offer high performance and longer tool life in the manufacturing of molds and dies.
  • Mitsubishi Materials' MSTAR® IMPACT MIRACLE End Mills: A new line of carbide end mills that offer high performance and longer tool life in the manufacturing of titanium components.

NAICS Code 424690-14 - Carbide (Wholesale)

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