NAICS Code 562920-01 - Recycling Equipment & Systems

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NAICS Code 562920-01 Description (8-Digit)

Recycling Equipment & Systems is a subdivision of the Materials Recovery Facilities industry that involves the design, manufacture, and installation of equipment and systems used in the recycling process. This industry is focused on creating efficient and effective solutions for the collection, sorting, and processing of recyclable materials.

Hierarchy Navigation for NAICS Code 562920-01

Parent Code (less specific)

Tools

Tools commonly used in the Recycling Equipment & Systems industry for day-to-day tasks and operations.

  • Sorting machines
  • Conveyor belts
  • Shredders
  • Balers
  • Compactors
  • Optical sorters
  • Magnetic separators
  • Eddy current separators
  • Trommels
  • Air classifiers

Industry Examples of Recycling Equipment & Systems

Common products and services typical of NAICS Code 562920-01, illustrating the main business activities and contributions to the market.

  • Waste paper recycling
  • Plastic recycling
  • Metal recycling
  • Glass recycling
  • E-waste recycling
  • Construction waste recycling
  • Textile recycling
  • Tire recycling
  • Battery recycling
  • Organic waste recycling

Certifications, Compliance and Licenses for NAICS Code 562920-01 - Recycling Equipment & Systems

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

  • ISO 14001: Environmental Management System certification that ensures the company is committed to reducing its environmental impact. Provided by the International Organization for Standardization (ISO).
  • OSHA 10-Hour General Industry Training: Certification that provides basic safety training for workers in the recycling industry. Provided by the Occupational Safety and Health Administration (OSHA).
  • RIOS: Recycling Industry Operating Standard certification that ensures the company is operating in an environmentally responsible and socially conscious manner. Provided by the Institute of Scrap Recycling Industries (ISRI).
  • EPA Hazardous Waste Generator: Certification that allows the company to handle and dispose of hazardous waste in compliance with the Environmental Protection Agency (EPA) regulations. Provided by the EPA.
  • UL Listing: Certification that ensures the safety and quality of electrical equipment used in the recycling industry. Provided by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 562920-01 covering global milestones and recent developments within the United States.

  • The Recycling Equipment & Systems industry has a long history of development and innovation. The first recycling center was established in New York City in 1895, and the industry has grown significantly since then. In the 1970s, the industry experienced a surge in growth due to the environmental movement and the introduction of recycling programs in many cities. The development of new technologies, such as automated sorting systems and advanced shredders, has also contributed to the growth of the industry. In recent years, the industry has faced challenges due to changes in global recycling markets and the increasing complexity of waste streams. However, companies in the industry continue to innovate and develop new solutions to these challenges. In the United States, the Recycling Equipment & Systems industry has experienced significant growth in recent years. According to the Environmental Protection Agency, the recycling rate in the United States has increased from 6.6% in 1960 to 32.1% in 2018. This growth has been driven by a combination of factors, including increased public awareness of environmental issues, government regulations, and advances in recycling technology. The industry has also faced challenges, such as the China National Sword policy, which restricted the import of certain types of recyclable materials. Despite these challenges, the Recycling Equipment & Systems industry in the United States is expected to continue to grow in the coming years as companies develop new technologies and solutions to address the changing landscape of recycling.

Future Outlook for Recycling Equipment & Systems

The anticipated future trajectory of the NAICS 562920-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Recycling Equipment & Systems industry in the USA is expected to grow in the coming years due to the increasing demand for recycling and waste management. The industry is expected to benefit from the growing awareness of environmental issues and the need for sustainable practices. The industry is also expected to benefit from the increasing adoption of advanced technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) in the recycling process. The industry is expected to face challenges such as the lack of infrastructure and the high cost of recycling equipment. However, the industry is expected to overcome these challenges by adopting new technologies and developing innovative solutions. Overall, the Recycling Equipment & Systems industry in the USA is expected to grow in the coming years due to the increasing demand for sustainable practices and the adoption of advanced technologies.

Industry Innovations for NAICS Code 562920-01

Recent groundbreaking advancements and milestones in the Recycling Equipment & Systems industry, reflecting notable innovations that have reshaped its landscape.

  • Robotic Sorting Systems: These systems use artificial intelligence and machine learning to sort recyclable materials more efficiently and accurately.
  • Smart Waste Bins: These bins use IoT technology to monitor waste levels and optimize waste collection routes, reducing costs and improving efficiency.
  • Optical Sorting Technology: This technology uses sensors and cameras to identify and sort recyclable materials, improving the accuracy and efficiency of the recycling process.
  • Closed-Loop Recycling Systems: These systems use recycled materials to create new products, reducing waste and promoting sustainability.
  • Waste-To-Energy Technology: This technology converts waste into energy, reducing the amount of waste sent to landfills and promoting sustainability.

NAICS Code 562920-01 - Recycling Equipment & Systems

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