NAICS Code 324110-07 - Oils-Mineral (Manufacturing)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 324110 - Petroleum Refineries - 1,510 companies, 11,724 emails.

NAICS Code 324110-07 Description (8-Digit)

Oils-Mineral (Manufacturing) is a subdivision of the Petroleum Refineries (Manufacturing) industry that involves the manufacturing of mineral oils. Mineral oils are derived from crude oil and are used in a variety of applications such as lubricants, hydraulic fluids, and transformer oils. The manufacturing process involves the distillation of crude oil to separate the different components, followed by further refining to produce the desired mineral oil product.

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 Oils-Mineral (Manufacturing) industry for day-to-day tasks and operations.

  • Distillation columns
  • Heat exchangers
  • Reactors
  • Separators
  • Pumps
  • Valves
  • Filters
  • Centrifuges
  • Mixers
  • Blenders

Industry Examples of Oils-Mineral (Manufacturing)

Common products and services typical of NAICS Code 324110-07, illustrating the main business activities and contributions to the market.

  • Lubricating oils
  • Hydraulic fluids
  • Transformer oils
  • Heat transfer fluids
  • Metalworking fluids
  • Cutting oils
  • Quenching oils
  • Gear oils
  • Compressor oils
  • Turbine oils

History

A concise historical narrative of NAICS Code 324110-07 covering global milestones and recent developments within the United States.

  • The Oils-Mineral (Manufacturing) industry has a long and rich history dating back to ancient times. The first recorded use of oil dates back to 4000 BC in Mesopotamia, where it was used for medicinal purposes. The industry began to take shape in the mid-19th century when the first commercial oil well was drilled in Pennsylvania, USA. This led to the development of the modern oil industry, which has since grown to become a vital part of the global economy. In recent history, the industry has faced numerous challenges, including the 1973 oil crisis, which led to a significant increase in oil prices, and the 2010 Deepwater Horizon oil spill, which caused widespread environmental damage in the Gulf of Mexico.