Major Group SIC 0724 - Cotton Ginning

SIC 0724 - Cotton Ginning

SIC 07 - Agricultural Services
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 072 - Crop Services
  SIC 071 - Soil Preparation Services SIC 072 - Crop Services SIC 074 - Veterinary Services SIC 075 - Animal Services, Except Veterinary SIC 076 - Farm Labor And Management Services SIC 078 - Landscape And Horticultural Services
  - SIC 0724 - Cotton Ginning
    SIC 0721 - Crop Planting, Cultivating, And Protecting SIC 0722 - Crop Harvesting, Primarily By Machine SIC 0723 - Crop Preparation Services For Market, Except Cotton Ginning SIC 0724 - Cotton Ginning

Establishments primarily engaged in ginning cotton.

Industry trends:

The cotton ginning industry (NAICS 0724) has been facing transformative trends recently. An increasing focus on sustainable and eco-friendly practices is evident across the sector. Farmers and ginners are adopting more efficient and less water-intensive methods to reduce the environmental footprint. There is also a shift towards organic cotton, driven by consumer demand for sustainable textiles. This trend is expected to continue as environmental regulations become more stringent and consumers become more conscious of sustainability issues.

Technology integration is another notable trend, with advancements in ginning machinery that improve efficiency and reduce waste. Automation and the use of IoT (Internet of Things) enable better monitoring and control of the ginning process, enhancing product quality and operational efficiency. These technologies are likely to become more prevalent as companies look to optimize production and reduce costs.

Market dynamics are also influenced by global supply chain shifts. Trade policies, labor costs, and transportation issues shape where and how ginning operations are conducted. These factors may lead to increased regional collaborations or realignments in production hubs. Economic forecasts predict that while there may be short-term disruptions, the industry will stabilize and possibly grow as new markets open and existing ones expand.

This industry is comprised of:

Cotton ginning

Cotton pickery

Gins, cotton: operation of

Explore related industries:

SIC 0131 - Cotton SIC 2121 - Cigars SIC 2074 - Cottonseed Oil Mills

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