NAICS Code 424720-15 - Oils-Hydraulic (Wholesale)

Marketing Level - NAICS 8-Digit

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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 424720-15 Description (8-Digit)

The Oils-Hydraulic (Wholesale) industry involves the wholesale distribution of hydraulic oils, which are fluids used to transmit power in hydraulic machinery. These oils are specifically designed to withstand high pressure and extreme temperatures, making them ideal for use in heavy machinery and equipment. Companies in this industry typically purchase hydraulic oils in bulk from manufacturers and then distribute them to various customers, such as construction companies, manufacturing plants, and agricultural businesses.

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 Oils-Hydraulic (Wholesale) industry for day-to-day tasks and operations.

  • Hydraulic oil pumps
  • Oil transfer pumps
  • Oil filtration systems
  • Oil storage tanks
  • Oil dispensing guns
  • Oil analysis kits
  • Oil sampling pumps
  • Oil flow meters
  • Oil pressure gauges
  • Oil viscosity testers

Industry Examples of Oils-Hydraulic (Wholesale)

Common products and services typical of NAICS Code 424720-15, illustrating the main business activities and contributions to the market.

  • Construction equipment manufacturers
  • Agricultural machinery manufacturers
  • Mining equipment manufacturers
  • Industrial machinery manufacturers
  • Heavy equipment rental companies
  • Hydraulic repair and maintenance companies
  • Oil and gas drilling companies
  • Aerospace and defense contractors
  • Marine equipment manufacturers
  • Automotive parts manufacturers

History

A concise historical narrative of NAICS Code 424720-15 covering global milestones and recent developments within the United States.

  • The hydraulic oil industry has been around for over a century, with the first hydraulic oil being developed in the late 1800s. The industry saw significant growth during World War II when hydraulic systems were used in aircraft and military vehicles. In the 1950s, the industry saw the development of synthetic hydraulic oils, which provided better performance and longer life. In recent years, the industry has seen advancements in biodegradable hydraulic oils, which are more environmentally friendly. In the United States, the industry has seen steady growth over the past decade, with an increasing demand for hydraulic oils in the construction and manufacturing sectors. The industry has also seen a shift towards more sustainable and environmentally friendly products, with many companies offering biodegradable hydraulic oils.