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NAICS Code 424990-76 Description (8-Digit)

Plastics-Foam (Wholesale) is a subdivision of the Other Miscellaneous Nondurable Goods Merchant Wholesalers industry. This industry involves the wholesale distribution of foam products made from plastic materials. These foam products are used in a variety of applications, including packaging, insulation, cushioning, and soundproofing. Plastics-Foam (Wholesale) companies typically purchase foam products from manufacturers and sell them to retailers, distributors, and other end-users.

Hierarchy Navigation for NAICS Code 424990-76

Tools

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

  • Foam cutting machines
  • Foam shredders
  • Foam saws
  • Foam drills
  • Foam hot wire cutters
  • Foam rollers
  • Foam gluing machines
  • Foam laminating machines
  • Foam injection machines
  • Foam packaging machines

Industry Examples of Plastics-Foam (Wholesale)

Common products and services typical of NAICS Code 424990-76, illustrating the main business activities and contributions to the market.

  • Foam packaging materials
  • Foam insulation products
  • Foam cushioning materials
  • Foam soundproofing products
  • Foam toys and games
  • Foam sports equipment
  • Foam medical supplies
  • Foam automotive parts
  • Foam building materials
  • Foam marine products

Certifications, Compliance and Licenses for NAICS Code 424990-76 - Plastics-Foam (Wholesale)

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).
  • OSHA Hazard Communication Standard: This standard requires that employers provide information to employees about hazardous chemicals in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Resource Conservation and Recovery Act (RCRA): This act regulates the management of hazardous waste from its generation to its disposal. It is provided by the Environmental Protection Agency (EPA).
  • DOT Hazardous Materials Regulations (HMR): These regulations govern the transportation of hazardous materials in commerce. It is provided by the Department of Transportation (DOT).
  • NSF International Certification: This certification ensures that products meet public health and safety standards. It is provided by NSF International.

History

A concise historical narrative of NAICS Code 424990-76 covering global milestones and recent developments within the United States.

  • The "Plastics-Foam (Wholesale)" industry has a long history dating back to the early 1940s when foam was first developed as a material. The first foam products were used in the military for insulation and cushioning purposes. In the 1950s, foam products began to be used in the commercial sector, particularly in the automotive and furniture industries. The use of foam products continued to grow in the 1960s and 1970s, with the development of new foam types and applications. In recent years, the industry has seen a shift towards more sustainable and environmentally friendly foam products, with the development of biodegradable and recycled foam materials. In the United States, the "Plastics-Foam (Wholesale)" industry has experienced steady growth over the past few decades. The industry has benefited from the increasing demand for foam products in a wide range of applications, including packaging, construction, and automotive industries. The industry has also seen a shift towards more sustainable and environmentally friendly foam products, with the development of biodegradable and recycled foam materials. Overall, the industry is expected to continue to grow in the coming years, driven by increasing demand for foam products in a wide range of applications.

Future Outlook for Plastics-Foam (Wholesale)

The anticipated future trajectory of the NAICS 424990-76 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 Plastics-Foam (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for foam products in various sectors such as construction, automotive, and packaging. The growing demand for lightweight and durable materials is also expected to drive the growth of the industry. Additionally, the increasing focus on sustainability and eco-friendliness is expected to create opportunities for the industry to develop new products that are environmentally friendly. However, the industry may face challenges such as rising raw material costs and increasing competition from substitute products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424990-76

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

  • Biodegradable Foam: The development of biodegradable foam products is a recent innovation in the Plastics-Foam (Wholesale) industry. These products are made from natural materials and can decompose without harming the environment.
  • Foam Insulation: Foam insulation is a recent innovation that has gained popularity in the construction industry. It is a lightweight and durable material that provides excellent insulation properties, making it an ideal choice for buildings.
  • Foam Packaging: Foam packaging is a recent innovation that has revolutionized the packaging industry. It is a lightweight and durable material that provides excellent protection to fragile items during transportation.
  • Foam Mattresses: Foam mattresses are a recent innovation that has gained popularity in the bedding industry. They are lightweight, comfortable, and provide excellent support to the body during sleep.
  • Foam Toys: Foam toys are a recent innovation that has gained popularity in the toy industry. They are lightweight, durable, and safe for children to play with.

NAICS Code 424990-76 - Plastics-Foam (Wholesale)

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