UNSPSC 31381437: Plastic bonded off tool isotropic neodymium magnet

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 31381437

Definition

Plastic bonded isotropic neodymium magnet that has been plastic bonded off-tool

About UNSPSC 31381437

UNSPSC 31381437 Plastic bonded off tool isotropic neodymium magnet, a Commodity code, shows a marked disconnect between its nominal scope and actual state and local procurement activity. The single recent opportunity tagged under this code — the City of Midland, Texas procurement for 71 fire hydrants under the U25-01 Fire Hydrant Replacement Project (IFB, due April 9, 2026) — concerns standard water infrastructure equipment and bears no relationship to neodymium magnets or magnet manufacturing. State and local governments do not appear to be sourcing plastic bonded off tool isotropic neodymium magnets through this code in any volume or pattern that reflects in current posted opportunities.

The recent fire hydrant IFB is geographically isolated to Texas and represents a municipal water utility need rather than procurement activity aligned with the code's magnetic-materials scope. Given the absence of additional recent opportunities under this code and the clear mismatch between the code's technical definition and the single visible posting, this code carries minimal signal for business development targeting state and local electromagnet or magnet-component demand. Firms in the neodymium magnet supply chain should monitor alternative UNSPSC classifications or inquire directly with state procurement offices about how magnet-related work is actually classified in their systems.

Quick answers

What is UNSPSC 31381437?

UNSPSC 31381437 is Plastic bonded off tool isotropic neodymium magnet, a commodity in UNSPSC 31000000, Manufacturing Components and Supplies.

Which NIGP codes match UNSPSC 31381437?

UNSPSC 31381437 maps to 1 NIGP code, 55330 Components, Manufacturing (Stamped, Formed, Welded).

On GovTribe

See everything under UNSPSC 31381437

  • State & local contract opportunities, awards and contract vehicles under this code
  • Contacts who buy under this code
  • Ask GovTribe AI about this code