NAICS Code 424690-50 - Magnesite (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424690-50
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NAICS Code 424690-50 Description (8-Digit)

Magnesite (Wholesale) is a subdivision of Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of magnesite, a mineral that is primarily used in the production of refractory materials. Refractory materials are used in high-temperature applications such as furnaces, kilns, and incinerators. Magnesite is also used in the production of magnesium oxide, which is used in the production of cement, animal feed, and fertilizers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424690 page

Tools

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

  • Magnesite refractory bricks
  • Magnesite refractory castables
  • Magnesite refractory mortars
  • Magnesite refractory ramming mixes
  • Magnesite refractory gunning mixes
  • Magnesite refractory plastics
  • Magnesite refractory fibers
  • Magnesite refractory powders
  • Magnesite refractory coatings
  • Magnesite refractory crucibles

Industry Examples of Magnesite (Wholesale)

Common products and services typical of NAICS Code 424690-50, illustrating the main business activities and contributions to the market.

  • Magnesite mining
  • Refractory manufacturing
  • Steel production
  • Cement production
  • Glass manufacturing
  • Ceramics manufacturing
  • Incineration plants
  • Petrochemical plants
  • Power generation plants
  • Foundries

History

A concise historical narrative of NAICS Code 424690-50 covering global milestones and recent developments within the United States.

  • Magnesite is a mineral that is primarily used in the production of refractory materials, which are used in high-temperature applications such as furnaces and kilns. The wholesale industry for magnesite has been around for many decades, with key milestones including the development of new production techniques and the expansion of the industry into new markets. In recent years, the industry has seen significant growth in the United States, driven by increased demand for refractory materials in the construction and manufacturing sectors. Notable advancements in the industry include the development of new, more efficient production methods and the introduction of new products that offer improved performance and durability. Overall, the magnesite wholesale industry has a long and rich history, and it continues to play an important role in the global economy.