NAICS Code 324110-01 - Automobile-Oil Refiners (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 324110-01 Description (8-Digit)

Automobile-Oil Refiners (Manufacturing) is a subdivision of the Petroleum Refineries (Manufacturing) industry that specializes in producing motor oils and lubricants for automobiles. This industry involves the manufacturing of various types of oils, including synthetic, semi-synthetic, and mineral-based oils, as well as other automotive fluids such as transmission fluid and brake fluid. The production process involves refining crude oil into base oils and then adding various additives to create the final product. The final product is then packaged and distributed to retailers and wholesalers for sale to consumers.

Hierarchy Navigation for NAICS Code 324110-01

Parent Code (less specific)

Tools

Tools commonly used in the Automobile-Oil Refiners (Manufacturing) industry for day-to-day tasks and operations.

  • Distillation columns
  • Reactors
  • Heat exchangers
  • Centrifuges
  • Filters
  • Blenders
  • Pumps
  • Storage tanks
  • Analytical instruments (e.g. gas chromatographs, spectrometers)
  • Packaging equipment

Industry Examples of Automobile-Oil Refiners (Manufacturing)

Common products and services typical of NAICS Code 324110-01, illustrating the main business activities and contributions to the market.

  • Motor oil
  • Synthetic oil
  • Semi-synthetic oil
  • Mineral-based oil
  • Transmission fluid
  • Brake fluid
  • Power steering fluid
  • Coolant
  • Gear oil
  • Hydraulic fluid

Certifications, Compliance and Licenses for NAICS Code 324110-01 - Automobile-Oil Refiners (Manufacturing)

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

  • ISO 9001:2015 Quality Management System: 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).
  • API Spec Q1: This certification is specific to the oil and gas industry and ensures that the company has a quality management system in place that meets industry standards. It is provided by the American Petroleum Institute (API).
  • OSHA 29 CFR 1910.119 Process Safety Management: This certification ensures that the company has a process safety management system in place to prevent or mitigate catastrophic incidents. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Clean Air Act: This regulation ensures that the company meets air quality standards set by the Environmental Protection Agency (EPA). It requires the company to monitor and report emissions and take steps to reduce them.
  • DOT Hazardous Materials Transportation: This certification ensures that the company is compliant with regulations for transporting hazardous materials. It is provided by the Department of Transportation (DOT).

History

A concise historical narrative of NAICS Code 324110-01 covering global milestones and recent developments within the United States.

  • The "Automobile-Oil Refiners (Manufacturing)" industry has a long and rich history worldwide. The first oil refinery was built in Romania in 1856, and the industry has since grown to become a vital part of the global economy. In the United States, the industry began to take shape in the late 1800s, with the first refinery opening in Pennsylvania in 1861. The industry experienced significant growth during the early 1900s, as the demand for gasoline increased with the rise of the automobile industry. In recent years, the industry has faced challenges due to increased competition from alternative energy sources and concerns over environmental impact.

Future Outlook for Automobile-Oil Refiners (Manufacturing)

The anticipated future trajectory of the NAICS 324110-01 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 Automobile-Oil Refiners (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for automobiles and the need for oil refineries to produce high-quality fuel. The industry is also expected to benefit from the growing demand for electric vehicles, as oil refineries will need to produce the electricity needed to power these vehicles. Additionally, the industry is expected to benefit from the increasing demand for biofuels, which will require oil refineries to develop new technologies to produce these fuels. Overall, the industry is expected to continue to grow and innovate in the coming years, providing new opportunities for businesses and investors alike.

Industry Innovations for NAICS Code 324110-01

Recent groundbreaking advancements and milestones in the Automobile-Oil Refiners (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Development of new catalysts to improve the efficiency of oil refining processes.
  • Use of advanced sensors and monitoring systems to improve the safety and reliability of oil refineries.
  • Development of new technologies to produce biofuels from renewable sources.
  • Use of artificial intelligence and machine learning to optimize oil refining processes and reduce costs.
  • Implementation of new environmental regulations to reduce the impact of oil refining on the environment.
  • Development of new technologies to produce high-quality lubricants and other specialty products.
  • Use of renewable energy sources, such as solar and wind power, to power oil refineries.
  • Implementation of new safety protocols and training programs to reduce the risk of accidents and injuries in oil refineries.
  • Development of new technologies to reduce the amount of waste generated by oil refining processes.
  • Use of blockchain technology to improve the transparency and traceability of the oil supply chain.

NAICS Code 324110-01 - Automobile-Oil Refiners (Manufacturing)

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