324199 - All Other Petroleum and Coal Products Manufacturing
In today's dynamic manufacturing landscape, NAICS Code 324199 plays a pivotal role in producing specialty petroleum and coal products that don't fit into mainstream categories. If your business or interest lies in the niche segments of petroleum manufacturing, understanding this industry classification is crucial for market insights, government contracting, and strategic growth.
What is NAICS Code 324199?
NAICS 324199, titled All Other Petroleum and Coal Products Manufacturing, includes establishments primarily engaged in manufacturing petroleum and coal products not specifically classified elsewhere. This industry covers a diverse range of specialty products such as lubricating oils, petroleum waxes, and other unique petroleum derivatives.
Industry Description:
- Manufacturing establishments producing petroleum and coal products not found in other defined categories.
- Focus on specialty products derived from refined petroleum or coal sources.
- Emphasis on products like biodiesel fuels (non-refinery), petroleum waxes, oil-based additives, and coke oven products.
Sector Overview: Manufacturing
NAICS 324199 falls under the broader Manufacturing sector, which encompasses a vast array of operations involved in converting raw materials into finished goods. This industry segment is essential in supplying specialized products to various downstream markets including automotive, industrial applications, and energy sectors.
Typical Business Activities Under NAICS 324199
Businesses classified under NAICS 324199 are often involved in:
- Lubricating oil manufacturing
- Petroleum wax manufacturing
- Asphalt and tar manufacturing
- Producing biodiesel fuels blended with petroleum
- Manufacturing petroleum-based additives and specialty fuels
Size Standards for NAICS Code 324199
To qualify as a small business under this NAICS code, an establishment usually must not exceed:
- 950 employees
This size standard is critical for businesses seeking federal contracts or grants designated for small businesses in the manufacturing sector.
Examples of Businesses in This Industry
- Companies producing specialized lubricating oils for automotive or industrial machinery
- Manufacturers of petroleum waxes used in packaging, cosmetics, or candles
- Asphalt and tar manufacturers supplying road construction and maintenance sectors
- Producers of biofuels and biodiesel blends not made in traditional petroleum refineries
Detailed Code Information Table
Product/Service Description | Included in NAICS 324199? |
---|---|
Biodiesel fuels not made in petroleum refineries and blended | Yes |
Biofuels not made in petroleum refineries and blended | Yes |
Boulets (fuel bricks) made from refined petroleum | Yes |
Briquettes, petroleum, made from refined petroleum | Yes |
Calcining petroleum coke from refined petroleum | Yes |
Coke oven products (coke, gases, tars) from coke oven establishments | Yes |
Fuel briquettes or boulets made from refined petroleum | Yes |
Oil-based additives made from refined petroleum | Yes |
Petroleum jelly made from refined petroleum | Yes |
Petroleum waxes made from refined petroleum | Yes |
Road oils made from refined petroleum | Yes |
Waxes, petroleum-based, made from refined petroleum | Yes |
Frequently Asked Questions (FAQ)
What types of products are included in NAICS 324199?
Products include specialty petroleum and coal derivatives such as lubricating oils, petroleum waxes, biodiesel blends, briquettes, coke oven products, and other non-refinery petroleum products.
How does NAICS 324199 differ from other petroleum manufacturing codes?
This code covers specialty and niche products not classified under conventional petroleum refining or coal product categories, focusing on unique and less common petroleum and coal products.
What is the employee size standard for small business eligibility in this industry?
The size standard is 950 employees, meaning businesses with 950 or fewer employees qualify as small businesses under this NAICS code.
Are biodiesel fuels included in this classification?
Yes, biodiesel fuels that are not produced in petroleum refineries but blended with purchased refined petroleum products are included.
Can asphalt and tar manufacturers fall under NAICS 324199?
Yes, asphalt and tar manufacturing activities are typical business activities under this classification.
Understanding NAICS Code 324199 is essential for businesses involved in specialty petroleum and coal product manufacturing, whether you are entering the market, seeking contracting opportunities, or conducting industry research. Stay informed and leverage this detailed classification to position your business strategically in the manufacturing sector.