Major Group SIC 5162 - Plastics Materials And Basic Forms An...

SIC 5162 - Plastics Materials And Basic Forms And Shapes

SIC 51 - Wholesale Trade-non-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 516 - Chemicals And Allied Products
  SIC 511 - Paper And Paper Products SIC 512 - Drugs, Drug Proprietaries, And Druggists' Sundries SIC 513 - Apparel, Piece Goods, And Notions SIC 514 - Groceries And Related Products SIC 515 - Farm-product Raw Materials SIC 516 - Chemicals And Allied Products SIC 517 - Petroleum And Petroleum Products SIC 518 - Beer, Wine, And Distilled Alcoholic Beverages SIC 519 - Miscellaneous Non-durable Goods
  - SIC 5162 - Plastics Materials And Basic Forms And Shapes
    SIC 5162 - Plastics Materials And Basic Forms And Shapes SIC 5169 - Chemicals And Allied Products, Not Elsewhere Classified

Establishments primarily engaged in the wholesale distribution of plastics materials, and of unsupported plastics film, sheets, sheeting, rods, tubes, and other basic forms and shapes.

Industry trends:

The plastics materials and basic forms and shapes industry (NAICS 5162) is currently experiencing several key qualitative trends. Sustainability and environmental responsibility are at the forefront, with increasing demand for biodegradable and recyclable plastics driven by both consumer preferences and regulatory pressures. This sustainability trend is prompting innovation in bio-based plastics and the development of advanced recycling technologies. Companies are investing in research and development to create environmentally friendly alternatives to traditional petroleum-based plastics.

Another notable trend is the growing application of digitalization and Industry 4.0 technologies. Manufacturers are leveraging advanced analytics, IoT, and automation to optimize production processes, reduce waste, and improve supply chain efficiency. These technologies are helping to meet the rising demand for custom and complex plastic shapes and forms.

Looking forward, the market is expected to see increased consolidation as companies seek to enhance their capabilities and market reach through mergers and acquisitions. With governments imposing stricter environmental regulations, the industry will likely see a surge in investment towards sustainable practices and materials. Additionally, geopolitical factors and supply chain disruptions may drive a trend toward localization of production to ensure stability and resilience in supply chains.

This industry is comprised of:

Plastics basic shapes-wholesale

Plastics film-wholesale

Plastics materials-wholesale

Plastics resins-wholesale

Plastics sheet and rods-wholesale

Resins, synthetic: except rubber-wholesale

Explore related industries:

SIC 2821 - Plastics Materials, Synthetic Resins, And Nonvulcanizable Elastomers SIC 3082 - Unsupported Plastics Profile Shapes SIC 5033 - Roofing, Siding, And Insulation Materials

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