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NAICS Code 424690-48 Description (8-Digit)

Lubricants-Dry (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of dry lubricants, which are solid or powder-like substances that reduce friction between surfaces. Dry lubricants are used in a variety of applications, including automotive, aerospace, industrial, and consumer products. Companies in this industry typically purchase dry lubricants from manufacturers and sell them to retailers, distributors, and end-users.

Hierarchy Navigation for NAICS Code 424690-48

Tools

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

  • Graphite powder
  • Molybdenum disulfide powder
  • Tungsten disulfide powder
  • Boron nitride powder
  • PTFE powder
  • Ceramic powder
  • Zinc stearate powder
  • Silicone powder
  • Polyethylene powder
  • Polypropylene powder

Industry Examples of Lubricants-Dry (Wholesale)

Common products and services typical of NAICS Code 424690-48, illustrating the main business activities and contributions to the market.

  • Automotive parts manufacturers
  • Aerospace parts manufacturers
  • Industrial machinery manufacturers
  • Consumer electronics manufacturers
  • Sporting goods manufacturers
  • Medical equipment manufacturers
  • 3D printing companies
  • Metalworking companies
  • Plastic injection molding companies
  • Textile manufacturing companies

Certifications, Compliance and Licenses for NAICS Code 424690-48 - Lubricants-Dry (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).
  • API Certification: This certification is provided by the American Petroleum Institute (API) and ensures that the lubricants meet industry standards for quality and performance.
  • NSF International Certification: This certification ensures that the lubricants meet safety and quality standards set by NSF International, an independent organization that tests and certifies products.
  • UL Certification: This certification ensures that the lubricants meet safety and quality standards set by Underwriters Laboratories (UL), an independent organization that tests and certifies products.
  • OSHA Hazard Communication Standard: This regulation requires employers to provide information and training to employees about hazardous chemicals in the workplace. It is enforced by the Occupational Safety and Health Administration (OSHA).

History

A concise historical narrative of NAICS Code 424690-48 covering global milestones and recent developments within the United States.

  • The "Lubricants-Dry (Wholesale)" industry has a long history dating back to the early 1900s when the first dry lubricants were introduced. These early lubricants were made from graphite and molybdenum disulfide and were used in the automotive industry to reduce friction and wear. Over the years, the industry has seen significant advancements in technology and product development, with the introduction of new materials and additives that improve lubrication performance. In recent years, the industry has also seen a shift towards more environmentally friendly lubricants, with the development of biodegradable and non-toxic lubricants that are safer for the environment. In the United States, the "Lubricants-Dry (Wholesale)" industry has experienced steady growth over the past decade, driven by increasing demand from the automotive and industrial sectors. The industry has also benefited from advancements in technology, which have led to the development of more advanced and efficient lubricants. In addition, the industry has seen a shift towards more sustainable and environmentally friendly products, with many companies investing in research and development to create biodegradable and non-toxic lubricants. Overall, the "Lubricants-Dry (Wholesale)" industry is expected to continue to grow in the coming years, driven by increasing demand from a wide range of industries.

Future Outlook for Lubricants-Dry (Wholesale)

The anticipated future trajectory of the NAICS 424690-48 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 Lubricants-Dry (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for dry lubricants in various applications such as automotive, aerospace, and industrial machinery. The growth of the manufacturing sector and the increasing demand for high-performance lubricants are also expected to drive the growth of the industry. Additionally, the increasing focus on reducing carbon emissions and improving fuel efficiency is expected to boost the demand for dry lubricants in the automotive industry. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from substitute products. Overall, the Lubricants-Dry (Wholesale) industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424690-48

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

  • Development of new dry lubricants with improved performance and durability.
  • Introduction of eco-friendly dry lubricants that are biodegradable and non-toxic.
  • Adoption of advanced technologies such as nanotechnology and tribology to enhance the performance of dry lubricants.
  • Expansion of product portfolios to cater to a wider range of applications and industries.
  • Collaboration with research institutions and universities to develop innovative lubricant solutions.

NAICS Code 424690-48 - Lubricants-Dry (Wholesale)

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