NAICS Code 424720-17 - Oils-Lubricating (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 424720-17 Description (8-Digit)

The Oils-Lubricating (Wholesale) industry involves the distribution of lubricating oils and greases to various businesses and industries. These oils and greases are used to reduce friction and wear between moving parts, as well as to prevent corrosion and rust. The industry plays a crucial role in ensuring the smooth operation of machinery and equipment across a wide range of sectors.

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

  • Oil filter wrenches
  • Grease guns
  • Oil drain pans
  • Oil filter crushers
  • Oil analysis kits
  • Oil transfer pumps
  • Oil filter pliers
  • Oil filter sockets
  • Oil filter cutters
  • Oil filter drain tools
  • Grease fittings
  • Grease couplers
  • Grease whips
  • Grease guns with flexible hoses
  • Grease pumps
  • Grease guns with extension tubes
  • Grease gun holders
  • Grease gun accessories
  • Oil filter wrench sockets

Industry Examples of Oils-Lubricating (Wholesale)

Common products and services typical of NAICS Code 424720-17, illustrating the main business activities and contributions to the market.

  • Automotive repair shops
  • Manufacturing plants
  • Construction companies
  • Mining operations
  • Agriculture and farming
  • Marine and boating
  • Aviation maintenance
  • Railroad maintenance
  • Heavy equipment rental
  • Oil and gas drilling

History

A concise historical narrative of NAICS Code 424720-17 covering global milestones and recent developments within the United States.

  • The Oils-Lubricating (Wholesale) industry has a long history dating back to the 19th century when the first petroleum-based lubricants were developed. In the early 1900s, the industry saw significant growth due to the increasing demand for automobiles and the need for lubricants. During World War II, the industry experienced a boom as the military required large quantities of lubricants for their vehicles and machinery. In the 1960s and 1970s, the industry saw a shift towards synthetic lubricants, which offered better performance and durability. In recent years, the industry has focused on developing environmentally friendly lubricants that are biodegradable and non-toxic. In the United States, the Oils-Lubricating (Wholesale) industry has seen steady growth over the past few decades. The industry has benefited from the increasing demand for lubricants in various sectors, including automotive, industrial, and marine. The industry has also seen a shift towards synthetic lubricants, which offer better performance and durability. In recent years, the industry has focused on developing environmentally friendly lubricants that are biodegradable and non-toxic. Overall, the industry is expected to continue to grow in the coming years due to the increasing demand for lubricants in various sectors.