NAICS Code 425120-43 - Biofuel (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
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  • Employee Count
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Looking for more companies? See NAICS 425120 - Wholesale Trade Agents and Brokers - 6,545 companies, 86,592 emails.

NAICS Code 425120-43 Description (8-Digit)

Biofuel (Wholesale) is a subdivision of Wholesale Trade Agents and Brokers that involves the distribution of biofuels, which are fuels derived from renewable biological sources such as plants and animal waste. Biofuels are considered a more sustainable alternative to traditional fossil fuels, as they emit fewer greenhouse gases and are renewable. Biofuel (Wholesale) companies act as intermediaries between biofuel producers and end-users, such as transportation companies and power plants, by purchasing biofuels in bulk and reselling them to customers.

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 425120 page

Tools

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

  • Biofuel pumps
  • Biofuel storage tanks
  • Biofuel blending equipment
  • Biofuel quality testing equipment
  • Biofuel transportation vehicles
  • Biofuel processing equipment
  • Biofuel filtration systems
  • Biofuel flow meters
  • Biofuel additives
  • Biofuel monitoring systems

Industry Examples of Biofuel (Wholesale)

Common products and services typical of NAICS Code 425120-43, illustrating the main business activities and contributions to the market.

  • Biodiesel
  • Ethanol
  • Biogas
  • Biojet fuel
  • Biomass-based diesel
  • Renewable diesel
  • Vegetable oil-based fuels
  • Animal fat-based fuels
  • Algae-based fuels
  • Wood-based fuels

History

A concise historical narrative of NAICS Code 425120-43 covering global milestones and recent developments within the United States.

  • The Biofuel (Wholesale) industry has its roots in the early 1900s when Rudolf Diesel, the inventor of the diesel engine, demonstrated that vegetable oil could power an engine. However, it wasn't until the 1970s oil crisis that biofuels gained significant attention. In the 1990s, the US government introduced the Renewable Fuel Standard (RFS) program, which mandated the use of biofuels in transportation fuel. This led to a surge in demand for biofuels, and the industry experienced rapid growth. In recent years, the industry has faced challenges due to the decline in oil prices, which has made biofuels less competitive. However, the industry has continued to grow due to government incentives and the increasing demand for renewable energy sources.