NAICS Code 424690-62 - Paint-Manufacturing Materials (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 424690-62 Description (8-Digit)

Paint-Manufacturing Materials (Wholesale) is a subdivision of Other Chemical and Allied Products Merchant Wholesalers. This industry involves the wholesale distribution of materials used in the manufacturing of paint, such as pigments, resins, solvents, and additives. Companies in this industry supply these materials to paint manufacturers, who then use them to produce a range of paint products for various applications.

Hierarchy Navigation for NAICS Code 424690-62

Tools

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

  • Pigment Dispersion Equipment
  • High-Speed Dispersers
  • Mixers
  • Grinding Mills
  • Bead Mills
  • Sand Mills
  • Homogenizers
  • Emulsifiers
  • Filtration Equipment
  • Packaging Equipment

Industry Examples of Paint-Manufacturing Materials (Wholesale)

Common products and services typical of NAICS Code 424690-62, illustrating the main business activities and contributions to the market.

  • Resins
  • Solvents
  • Additives
  • Pigments
  • Driers
  • Extenders
  • Surfactants
  • Defoamers
  • Thickeners
  • Crosslinkers

Certifications, Compliance and Licenses for NAICS Code 424690-62 - Paint-Manufacturing Materials (Wholesale)

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

  • OSHA Hazard Communication Standard: This certification is required for companies that deal with hazardous chemicals. It ensures that employees are aware of the hazards of the chemicals they work with and how to handle them safely. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Resource Conservation and Recovery Act (RCRA): This certification is required for companies that generate, transport, treat, store, or dispose of hazardous waste. It ensures that hazardous waste is managed safely and responsibly. The certification is provided by the Environmental Protection Agency (EPA).
  • DOT Hazardous Materials Transportation: This certification is required for companies that transport hazardous materials. It ensures that hazardous materials are transported safely and in compliance with regulations. The certification is provided by the Department of Transportation (DOT).
  • ISO 9001: This certification is a quality management system that ensures that a company's products and services meet customer and regulatory requirements. It is not specific to the paint-manufacturing materials industry but can be applied to any industry. The certification is provided by the International Organization for Standardization (ISO).
  • ANSI/ESD S20.20: This certification is required for companies that deal with electrostatic discharge (ESD) sensitive devices. It ensures that ESD sensitive devices are handled and stored in a way that prevents damage. The certification is provided by the American National Standards Institute (ANSI).

History

A concise historical narrative of NAICS Code 424690-62 covering global milestones and recent developments within the United States.

  • The "Paint-Manufacturing Materials (Wholesale)" industry has a long history dating back to ancient times when natural pigments were used to create paints. The first synthetic pigment, Prussian Blue, was discovered in the early 18th century, which led to the development of more synthetic pigments and dyes. In the mid-19th century, the first paint factory was established in the United States, which marked the beginning of the modern paint industry. The industry continued to grow and evolve with the introduction of new technologies and materials, such as water-based paints, high-performance coatings, and environmentally friendly products. In recent history, the "Paint-Manufacturing Materials (Wholesale)" industry in the United States has seen significant growth due to the increasing demand for high-quality paints and coatings in various sectors, including construction, automotive, and industrial. The industry has also been impacted by the growing trend towards sustainable and eco-friendly products, which has led to the development of new technologies and materials. Overall, the industry has a bright future with continued growth and innovation.

Future Outlook for Paint-Manufacturing Materials (Wholesale)

The anticipated future trajectory of the NAICS 424690-62 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 Paint-Manufacturing Materials (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for paint and coatings in various sectors such as construction, automotive, and industrial. The growth in the construction industry, particularly in the residential sector, is expected to drive the demand for paint and coatings. Additionally, the increasing demand for eco-friendly and sustainable products is expected to create new opportunities for the industry. The industry is also expected to benefit from the growth of e-commerce, which is making it easier for wholesalers to reach a wider customer base. However, the industry may face challenges such as rising raw material costs and increasing competition from imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424690-62

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

  • Digital Color Matching Technology: This technology allows wholesalers to match the exact color of a customer's sample and produce the required paint or coating. This innovation has made it easier for wholesalers to meet the specific needs of their customers.
  • Low-VOC and Eco-Friendly Products: Many wholesalers are now offering low-VOC and eco-friendly paint and coating products to meet the growing demand for sustainable products. This innovation has helped the industry to reduce its environmental impact and attract customers who are environmentally conscious.
  • Waterborne Coatings: Waterborne coatings are becoming increasingly popular due to their low VOC content and ease of use. This innovation has helped wholesalers to meet the demand for eco-friendly products and reduce their environmental impact.
  • Powder Coatings: Powder coatings are a type of coating that is applied as a free-flowing, dry powder. They are becoming increasingly popular due to their durability, resistance to corrosion, and ease of application. This innovation has helped wholesalers to meet the demand for high-performance coatings in various sectors such as automotive and industrial.
  • Online Ordering and Delivery: Many wholesalers are now offering online ordering and delivery services to make it easier for customers to purchase their products. This innovation has helped wholesalers to reach a wider customer base and improve their customer service.

NAICS Code 424690-62 - Paint-Manufacturing Materials (Wholesale)

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