NAICS Code 324110-03 - Gas Plants (Manufacturing)
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NAICS Code 324110-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 324110-03
Parent Code (less specific)
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
Certifications, Compliance and Licenses for NAICS Code 324110-03 - Gas Plants (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- API 510 Pressure Vessel Inspector Certification: This certification is required for individuals who inspect pressure vessels in gas plants. It is provided by the American Petroleum Institute (API).
- OSHA 10-Hour General Industry Training: This training is required for employees who work in gas plants to ensure they understand the hazards and safety procedures. It is provided by the Occupational Safety and Health Administration (OSHA).
- National Board Inspection Code (NBIC) Certification: This certification is required for individuals who perform inspections on boilers and pressure vessels in gas plants. It is provided by the National Board of Boiler and Pressure Vessel Inspectors.
- Hazardous Waste Operations and Emergency Response (HAZWOPER) Certification: This certification is required for employees who handle hazardous materials in gas plants. It is provided by OSHA.
- National Institute for Certification In Engineering Technologies (NICET) Certification: This certification is required for individuals who design and install fire protection systems in gas plants. It is provided by the National Society of Professional Engineers.
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.
Future Outlook for Gas Plants (Manufacturing)
The anticipated future trajectory of the NAICS 324110-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The Gas Plants (Manufacturing) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for natural gas as a cleaner alternative to other fossil fuels is expected to drive the growth of the industry. Additionally, the industry is expected to benefit from the growing demand for liquefied natural gas (LNG) as a fuel for transportation. However, the industry may face challenges from the increasing competition from renewable energy sources and the volatility of natural gas prices. Overall, the industry is expected to continue to grow in the coming years, albeit at a slower pace than in the past.
Industry Innovations for NAICS Code 324110-03
Recent groundbreaking advancements and milestones in the Gas Plants (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Advanced Process Control (APC): APC is a technology that uses mathematical models to optimize the performance of gas plants. It can help to reduce energy consumption, improve product quality, and increase production efficiency.
- Carbon Capture and Storage (CCS): CCS is a technology that captures carbon dioxide emissions from gas plants and stores them underground. It can help to reduce greenhouse gas emissions and mitigate climate change.
- Modular Design: Modular design is a construction method that involves building gas plants in modules that can be easily transported and assembled on-site. It can help to reduce construction time and costs and improve safety.
- Remote Monitoring: Remote monitoring is a technology that allows gas plant operators to monitor and control plant operations from a remote location. It can help to improve safety, reduce downtime, and increase efficiency.
- Shale Gas Extraction: Shale gas extraction is a method of extracting natural gas from shale rock formations. It has revolutionized the gas industry in the USA and has made the country one of the largest producers of natural gas in the world.
NAICS Code 324110-03 - Gas Plants (Manufacturing)
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