NAICS Code 424720-07 - Greases (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424720-07
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Looking for more companies? See NAICS 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) - 8,134 companies, 57,059 emails.

NAICS Code 424720-07 Description (8-Digit)

Greases (Wholesale) is a subdivision of the Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) industry. This industry involves the wholesale distribution of greases, which are semi-solid lubricants that are used to reduce friction and wear between moving parts. Greases are typically made from a base oil, a thickener, and various additives that enhance their performance. They are used in a wide range of applications, including automotive, industrial, and marine equipment.

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 424720 page

Tools

Tools commonly used in the Greases (Wholesale) industry for day-to-day tasks and operations.

  • Grease guns
  • Grease pumps
  • Grease fittings
  • Grease cartridges
  • Grease dispensers
  • Grease guns with flexible hoses
  • Grease guns with rigid pipes
  • Grease applicators
  • Grease nozzles
  • Grease couplers

Industry Examples of Greases (Wholesale)

Common products and services typical of NAICS Code 424720-07, illustrating the main business activities and contributions to the market.

  • Automotive greases
  • Industrial greases
  • Marine greases
  • Food-grade greases
  • High-temperature greases
  • Low-temperature greases
  • Lithium greases
  • Calcium greases
  • Polyurea greases
  • Synthetic greases

History

A concise historical narrative of NAICS Code 424720-07 covering global milestones and recent developments within the United States.

  • The history of the Greases (Wholesale) industry dates back to the early 1900s when the automobile industry was booming. The need for lubricants and greases increased, and the industry started to grow. In the 1920s, the first synthetic grease was developed, which was a significant milestone in the industry. During World War II, the industry experienced a surge in demand as the military needed large quantities of lubricants and greases. In the 1950s, the industry saw the development of multipurpose greases, which could be used in various applications. In recent history, the industry has seen advancements in the development of biodegradable and environmentally friendly greases. In the United States, the industry has been growing steadily, with an increasing demand for greases in various industries, including automotive, aerospace, and manufacturing.