NAICS Code 424950-01 - Colors & Pigments (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

39

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NAICS Code 424950-01 Description (8-Digit)

Colors & Pigments (Wholesale) is a subdivision of the Paint, Varnish, and Supplies Merchant Wholesalers industry. This industry involves the wholesale distribution of pigments, dyes, and colorants used in the manufacturing of paints, coatings, inks, plastics, textiles, and other products. Companies in this industry typically purchase large quantities of colors and pigments from manufacturers and distribute them to retailers, manufacturers, and other businesses.

Hierarchy Navigation for NAICS Code 424950-01

Tools

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

  • Spectrophotometer
  • Colorimeter
  • Viscometer
  • PH meter
  • Mixing equipment
  • Dispensing equipment
  • Grinding equipment
  • Filtration equipment
  • Centrifuges
  • Drying equipment
  • Packaging equipment
  • Labeling equipment

Industry Examples of Colors & Pigments (Wholesale)

Common products and services typical of NAICS Code 424950-01, illustrating the main business activities and contributions to the market.

  • Textile dyes
  • Ink pigments
  • Paint pigments
  • Plastic colorants
  • Ceramic pigments
  • Cosmetic colorants
  • Food colorants
  • Leather dyes
  • Paper dyes
  • Soap colorants

Certifications, Compliance and Licenses for NAICS Code 424950-01 - Colors & Pigments (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 handle hazardous chemicals, including those in the colors and pigments industry. It ensures that employees are trained on the proper handling and storage of hazardous materials. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Toxic Substances Control Act (TSCA) Certification: This certification is required for companies that manufacture, import, or process chemical substances in the US. It ensures that the chemicals are safe for human health and the environment. The certification is provided by the Environmental Protection Agency (EPA).
  • US Food and Drug Administration (FDA) Color Additive Certification: This certification is required for companies that manufacture or distribute color additives for use in food, drugs, cosmetics, or medical devices. It ensures that the color additives are safe for human consumption. The certification is provided by the FDA.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for companies that manufacture or distribute respiratory protective equipment. It ensures that the equipment meets the safety standards set by NIOSH. The certification is provided by NIOSH.
  • US Department Of Transportation (DOT) Hazardous Materials Certification: This certification is required for companies that transport hazardous materials by air, land, or sea. It ensures that the materials are properly labeled, packaged, and transported. The certification is provided by the DOT.

History

A concise historical narrative of NAICS Code 424950-01 covering global milestones and recent developments within the United States.

  • The "Colors & Pigments (Wholesale)" industry has a long and rich history dating back to ancient times. The use of pigments and dyes can be traced back to the ancient Egyptians, who used natural pigments to decorate their tombs and temples. The Greeks and Romans also used pigments in their art and architecture. In the Middle Ages, the trade of pigments and dyes became an important industry in Europe, with centers of production in Italy, France, and Germany. The development of synthetic pigments in the 19th century revolutionized the industry, making it possible to produce a wider range of colors at a lower cost. In recent history, the industry has continued to evolve with the development of new technologies and materials, such as nanotechnology and organic pigments. In the United States, the industry has been shaped by changing consumer preferences and environmental regulations, which have led to the development of new, eco-friendly pigments and dyes.

Future Outlook for Colors & Pigments (Wholesale)

The anticipated future trajectory of the NAICS 424950-01 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 Colors & Pigments (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for pigments and dyes in various end-use industries such as textiles, paints, and plastics. The growing demand for eco-friendly and sustainable products is also expected to drive the growth of the industry. Additionally, the increasing use of pigments and dyes in the food and beverage industry is expected to create new opportunities for the industry. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424950-01

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

  • Development Of High-Performance Pigments: The industry has witnessed the development of high-performance pigments that offer superior properties such as heat resistance, lightfastness, and weatherability. These pigments are increasingly being used in high-end applications such as automotive coatings, aerospace coatings, and industrial coatings.
  • Introduction Of Eco-Friendly Pigments: The industry has also witnessed the introduction of eco-friendly pigments that are derived from natural sources such as plants, minerals, and insects. These pigments are gaining popularity due to their non-toxic nature and sustainable properties.
  • Use Of Nanotechnology In Pigments: The industry has started using nanotechnology to develop pigments with unique properties such as improved color strength, transparency, and durability. These pigments are being used in various applications such as cosmetics, coatings, and plastics.
  • Increasing Focus on R&D: The industry players are increasingly investing in R&D to develop new and innovative pigments that offer superior properties and meet the changing demands of end-use industries. This is expected to drive the growth of the industry in the coming years.
  • Growing Demand for Organic Pigments: The industry has witnessed a growing demand for organic pigments that offer superior properties such as high color strength, good lightfastness, and excellent heat stability. These pigments are being increasingly used in various applications such as printing inks, paints, and plastics.

NAICS Code 424950-01 - Colors & Pigments (Wholesale)

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