NAICS Code 324110-03 - Gas Plants (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 324110-03 Description (8-Digit)

Gas Plants (Manufacturing) is a subdivision of the NAICS Code 324110 that involves the manufacturing of gas products such as liquefied petroleum gas (LPG), butane, propane, and natural gas liquids (NGLs). This industry is responsible for processing natural gas and separating it into its various components for commercial use. Gas Plants (Manufacturing) is a crucial industry that provides the necessary materials for a range of industries such as the petrochemical, transportation, and residential sectors.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 324110 page

Tools

Tools commonly used in the Gas Plants (Manufacturing) industry for day-to-day tasks and operations.

  • Gas compressors
  • Gas scrubbers
  • Gas dehydrators
  • Fractionation towers
  • Heat exchangers
  • Distillation columns
  • Pumps
  • Valves
  • Pressure vessels
  • Storage tanks

Industry Examples of Gas Plants (Manufacturing)

Common products and services typical of NAICS Code 324110-03, illustrating the main business activities and contributions to the market.

  • Liquefied petroleum gas (LPG) production
  • Butane production
  • Propane production
  • Natural gas liquids (NGLs) production
  • Gas processing plants
  • Gas fractionation plants
  • Gas storage facilities
  • Gas distribution companies
  • Gas pipeline operators
  • Gas marketing companies

History

A concise historical narrative of NAICS Code 324110-03 covering global milestones and recent developments within the United States.

  • The Gas Plants (Manufacturing) industry has a long history dating back to the 19th century when natural gas was first discovered in the United States. The first gas plant was built in Baltimore in 1816, and by the 1850s, gas plants were being built in many cities across the country. The industry continued to grow throughout the 20th century, with advancements in technology leading to more efficient and cost-effective production methods. In recent years, the industry has faced challenges due to the increasing popularity of renewable energy sources, but it continues to play an important role in the energy sector. In the United States, the Gas Plants (Manufacturing) industry has seen significant growth in recent years due to the shale gas boom. The development of hydraulic fracturing technology has allowed for the extraction of natural gas from previously inaccessible sources, leading to a surge in production. This has led to increased investment in gas processing plants, which are used to separate natural gas liquids from raw natural gas. The industry has also benefited from the growing demand for natural gas as a cleaner alternative to coal and oil. Overall, the Gas Plants (Manufacturing) industry has a rich history and continues to evolve in response to changing market conditions.