NAICS Code 457120-06 - Alternative Fuels (Retail)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 457120 - Other Gasoline Stations - 58,123 companies, 52,054 emails.

NAICS Code 457120-06 Description (8-Digit)

The Alternative Fuels (Retail) industry involves the retail sale of alternative fuels, such as ethanol, biodiesel, compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen fuel cells, and propane, to consumers for use in vehicles and other applications. This industry is focused on providing environmentally friendly and sustainable fuel options to consumers who are looking to reduce their carbon footprint and dependence on traditional fossil fuels. Alternative fuel retailers may also offer related products and services, such as vehicle conversions, fueling equipment, and maintenance services.

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 457120 page

Tools

Tools commonly used in the Alternative Fuels (Retail) industry for day-to-day tasks and operations.

  • Fuel dispensers for alternative fuels
  • Fuel storage tanks for alternative fuels
  • Fuel transfer pumps
  • Fuel flow meters
  • Fuel quality testing equipment
  • Fuel filtration systems
  • Fueling station management software
  • Vehicle conversion kits for alternative fuels
  • Fueling equipment installation tools
  • Maintenance and repair tools for alternative fuel vehicles

Industry Examples of Alternative Fuels (Retail)

Common products and services typical of NAICS Code 457120-06, illustrating the main business activities and contributions to the market.

  • Ethanol fuel
  • Biodiesel fuel
  • Compressed natural gas (CNG)
  • Liquefied natural gas (LNG)
  • Hydrogen fuel cells
  • Propane fuel
  • Bioethanol fuel
  • Biogas fuel
  • Renewable diesel fuel
  • Synthetic diesel fuel

History

A concise historical narrative of NAICS Code 457120-06 covering global milestones and recent developments within the United States.

  • The "Alternative Fuels (Retail)" industry has a long history of development worldwide. The first electric vehicle was invented in the 1830s, and the first gasoline-powered car was introduced in the late 1800s. However, it wasn't until the 1970s oil crisis that alternative fuels began to gain popularity. Ethanol and biodiesel were introduced as alternative fuels in the 1980s, and in the 1990s, compressed natural gas (CNG) and liquefied petroleum gas (LPG) became more widely used. In recent years, electric vehicles have become increasingly popular, with advancements in battery technology and charging infrastructure. In the United States, the Energy Policy Act of 1992 provided incentives for the use of alternative fuels, and the Renewable Fuel Standard was established in 2005 to increase the use of biofuels. The growth of the industry has been driven by concerns about climate change, energy security, and the desire for more sustainable transportation options. In recent years, the "Alternative Fuels (Retail)" industry in the United States has continued to grow. According to the Alternative Fuels Data Center, there are now over 25,000 alternative fueling stations in the United States, including electric charging stations, CNG stations, and hydrogen fueling stations. The growth of the industry has been driven by a combination of government incentives, consumer demand, and advancements in technology. In 2019, the U.S. Department of Energy announced $59 million in funding for alternative fuel research and development, and several states have set targets for increasing the use of alternative fuels. The COVID-19 pandemic has had an impact on the industry, with a decrease in demand for transportation leading to a decrease in fuel sales. However, the long-term outlook for the industry remains positive, with continued growth expected in the coming years.