NAICS Code 324110-11 - Oils-Fuel-Alternative (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 324110-11 Description (8-Digit)

The Oils-Fuel-Alternative (Manufacturing) industry is a subdivision of the Petroleum Refineries (Manufacturing) industry. This industry involves the manufacturing of alternative fuels from oils, such as biodiesel and ethanol. The production process includes the extraction and refining of oils, as well as the blending and distribution of the final product. The industry is driven by the increasing demand for renewable energy sources and the need to reduce dependence on fossil fuels.

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-Fuel-Alternative (Manufacturing) industry for day-to-day tasks and operations.

  • Biodiesel processors
  • Ethanol distillation equipment
  • Oil extraction machines
  • Refining towers
  • Blending tanks
  • Pumps and valves for distribution
  • Quality control instruments
  • Laboratory equipment for testing
  • Filtration systems
  • Heat exchangers

Industry Examples of Oils-Fuel-Alternative (Manufacturing)

Common products and services typical of NAICS Code 324110-11, illustrating the main business activities and contributions to the market.

  • Biodiesel production
  • Ethanol production
  • Vegetable oil refining
  • Biofuel blending
  • Waste oil recycling
  • Algae-based fuel production
  • Biogas production
  • Hydrogen fuel production
  • Cellulosic ethanol production
  • Renewable diesel production

History

A concise historical narrative of NAICS Code 324110-11 covering global milestones and recent developments within the United States.

  • The Oils-Fuel-Alternative (Manufacturing) industry has a long history dating back to the early 1900s when the first diesel engine was invented. The industry has since then undergone significant changes, with the introduction of new technologies and the discovery of new sources of fuel. In the 1970s, the oil crisis led to a renewed interest in alternative fuels, and the industry saw a surge in demand for biofuels and other renewable energy sources. In recent years, the industry has continued to grow, with a focus on developing more efficient and sustainable fuel sources. In the United States, the industry has seen significant growth in the last decade, with the government providing incentives for the development of alternative fuels and the adoption of clean energy technologies.