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

• Resin mixers
• Resin pumps
• Resin tanks
• Resin dispensers
• Resin filters
• Resin reactors
• Resin extruders
• Resin molds
• Resin spray guns
• Resin rollers

Common products and services typical of NAICS Code 424690-65, illustrating the main business activities and contributions to the market.

• Epoxy resins
• Polyester resins
• Polyurethane resins
• Acrylic resins
• Vinyl ester resins
• Phenolic resins
• Silicone resins
• Alkyd resins
• Melamine resins
• Urea-formaldehyde resins

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

• Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials in amounts that require placarding. The endorsement is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
• OSHA Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals. The training covers the identification of hazardous chemicals, the labeling of containers, and the use of Safety Data Sheets (SDSs).
• EPA Resource Conservation and Recovery Act (RCRA) Training: This training is required for employees who handle hazardous waste. The training covers the identification of hazardous waste, the proper storage and disposal of hazardous waste, and the use of manifest forms.
• DOT Hazardous Materials Training: This training is required for employees who transport hazardous materials. The training covers the identification of hazardous materials, the proper packaging and labeling of hazardous materials, and the use of shipping papers.
• ISO 9001:2015 Quality Management System Certification: This certification is a globally recognized standard for quality management systems. It demonstrates a company's ability to consistently provide products and services that meet customer and regulatory requirements.

A concise historical narrative of NAICS Code 424690-65 covering global milestones and recent developments within the United States.

• The Resins (Wholesale) industry has a long history dating back to ancient times when natural resins were used for various purposes such as adhesives, coatings, and incense. The development of synthetic resins in the early 20th century revolutionized the industry, leading to the production of a wide range of resins with diverse properties and applications. In the United States, the industry experienced significant growth during the post-World War II period, driven by the increasing demand for plastics and synthetic materials. In recent years, the industry has faced challenges such as rising competition from overseas manufacturers and the increasing demand for sustainable and eco-friendly materials. However, the industry has also seen opportunities for growth in emerging markets and the development of new applications for resins in various industries such as construction, automotive, and electronics.

The anticipated future trajectory of the NAICS 424690-65 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 Resins (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for resins in various end-use industries such as construction, automotive, and packaging. The growth of the construction industry, particularly in the residential sector, is expected to drive the demand for resins used in adhesives, coatings, and sealants. The increasing demand for lightweight and fuel-efficient vehicles is expected to drive the demand for resins used in composites. The growth of the e-commerce industry is expected to drive the demand for resins used in packaging. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the Resins (Wholesale) industry is expected to grow steadily in the coming years.

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

• Development Of Bio-Based Resins: The Resins (Wholesale) industry has witnessed the development of bio-based resins that are made from renewable resources such as corn, soybeans, and sugarcane. These resins are eco-friendly and have a lower carbon footprint than traditional resins.
• Use Of 3D Printing Technology: The Resins (Wholesale) industry has started to use 3D printing technology to produce customized resins for specific applications. This technology allows for the production of complex shapes and structures that are difficult to achieve with traditional manufacturing methods.
• Development Of High-Performance Resins: The Resins (Wholesale) industry has developed high-performance resins that offer superior properties such as high strength, durability, and heat resistance. These resins are used in various applications such as aerospace, automotive, and electronics.
• Increasing Use Of Recycled Resins: The Resins (Wholesale) industry has witnessed the increasing use of recycled resins that are made from post-consumer and post-industrial waste. These resins are eco-friendly and help to reduce the environmental impact of the industry.
• Development Of Water-Based Resins: The Resins (Wholesale) industry has developed water-based resins that are eco-friendly and have a lower VOC content than traditional resins. These resins are used in various applications such as coatings, adhesives, and sealants.