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

• Silicone sealant guns
• Silicone caulking tools
• Silicone spatulas
• Silicone molds
• Silicone baking mats
• Silicone tubing
• Silicone adhesive tapes
• Silicone grease
• Silicone spray lubricants
• Silicone rubber sheets

Common products and services typical of NAICS Code 424690-68, illustrating the main business activities and contributions to the market.

• Silicone adhesives
• Silicone coatings
• Silicone emulsions
• Silicone gels
• Silicone oils
• Silicone resins
• Silicone rubbers
• Silicone sealants
• Silicone surfactants
• Silicone waxes

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).
• ISO 14001: This certification ensures that the company has an environmental management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• OSHA Hazard Communication Standard: This standard requires that all hazardous chemicals in the workplace are properly labeled and that employees are trained on how to handle them safely. It is provided by the Occupational Safety and Health Administration (OSHA).
• EPA Toxic Substances Control Act (TSCA) Certification: This certification ensures that the company is compliant with the TSCA, which regulates the manufacture, import, and processing of chemicals in the US. It is provided by the Environmental Protection Agency (EPA).
• REACH Certification: This certification ensures that the company is compliant with the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulation in the European Union. It is provided by the European Chemicals Agency (ECHA).

A concise historical narrative of NAICS Code 424690-68 covering global milestones and recent developments within the United States.

• Silicones, also known as polysiloxanes, were first synthesized in 1901 by Frederic Kipping, a British chemist. However, it wasn't until the 1940s that the first commercial silicone products were introduced. These early products were primarily used in the aerospace industry as sealants, adhesives, and lubricants. In the 1950s, the use of silicones expanded to the construction industry, where they were used as sealants and coatings. The 1960s saw the introduction of silicone-based personal care products, such as shampoos and conditioners. In the 1970s, the use of silicones in the automotive industry increased, where they were used as lubricants and sealants. Today, silicones are used in a wide range of industries, including construction, automotive, personal care, and electronics. In recent history, the United States has been a major player in the silicone industry. In 2019, the U.S. silicone market was valued at $4.5 billion and is expected to grow at a CAGR of 4.5% from 2020 to 2027. The growth of the silicone industry in the U.S. can be attributed to the increasing demand for silicone-based products in various end-use industries, such as construction, automotive, and healthcare. Additionally, the development of new and innovative silicone products has also contributed to the growth of the industry in the U.S. For example, in 2019, Dow introduced a new silicone-based technology called DOWSIL™, which is designed to improve the performance of building facades. Overall, the silicone industry in the U.S. is expected to continue to grow in the coming years, driven by increasing demand and innovation in the industry.

The anticipated future trajectory of the NAICS 424690-68 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Silicones (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for silicone products in various end-use industries such as construction, automotive, and healthcare. The growing demand for electric vehicles and the increasing use of silicone in the production of electric vehicles is also expected to drive the growth of the industry. Additionally, the increasing demand for personal care products and the growing construction industry are expected to boost the demand for silicone products. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from substitute products. Overall, the industry is expected to grow steadily in the coming years.

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

• Momentive Launches Silopren LSR 27X9 Series: Momentive, a global leader in specialty chemicals and materials, launched the Silopren LSR 27x9 series, a new liquid silicone rubber (LSR) product line. The new product line is designed to provide high-performance solutions for automotive, healthcare, and consumer goods applications. The Silopren LSR 27x9 series offers excellent processing properties, high tear strength, and low compression set, making it ideal for demanding applications.
• Wacker Launches New Silicone Adhesive: Wacker, a leading global chemical company, launched a new silicone adhesive, SilGel 612. The new adhesive is designed for use in the electronics and automotive industries and offers excellent adhesion to a wide range of substrates, including metals, plastics, and glass. SilGel 612 is also resistant to high temperatures and UV radiation, making it ideal for outdoor applications.
• Elkem Launches New Silicone Rubber: Elkem, a leading global supplier of silicone products, launched a new silicone rubber, Silastic LC 3335. The new product is designed for use in the healthcare industry and offers excellent biocompatibility and low toxicity. Silastic LC 3335 is also easy to process and can be used in a wide range of medical applications, including catheters, tubing, and seals.
• Shin-Etsu Chemical Develops New Silicone Resin: Shin-Etsu Chemical, a leading global chemical company, developed a new silicone resin, KF-8010. The new resin is designed for use in the electronics industry and offers excellent heat resistance and adhesion to a wide range of substrates. KF-8010 is also resistant to chemicals and UV radiation, making it ideal for demanding applications.
• Dow Launches New Silicone Additive: Dow, a global leader in materials science, launched a new silicone additive, DOWSIL 3055. The new additive is designed for use in the personal care industry and offers excellent spreadability and skin feel. DOWSIL 3055 is also easy to formulate and can be used in a wide range of personal care products, including lotions, creams, and sunscreens.