{"id":2884,"date":"2024-12-04T21:35:11","date_gmt":"2024-12-04T21:35:11","guid":{"rendered":"https:\/\/gulfoilrefinery.com\/?post_type=publications&#038;p=2884"},"modified":"2024-12-04T21:35:11","modified_gmt":"2024-12-04T21:35:11","slug":"the-importance-of-white-oils-in-the-pharmaceutical-industry","status":"publish","type":"publications","link":"https:\/\/gulfoilrefinery.com\/?publications=the-importance-of-white-oils-in-the-pharmaceutical-industry","title":{"rendered":"The Importance of White Oils in the Pharmaceutical Industry"},"content":{"rendered":"<p>The pharmaceutical industry is vital to the health and wellbeing of people around the world. It is responsible for researching, developing and manufacturing life-saving and life-changing medicines. The Indian pharmaceutical industry is currently valued at $49 billion and is expected to grow to $130 billion by 2030 (Source: Indian Pharmaceutical Alliance (IPA) Secretary General, Sudarshan Jain). This makes it one of the most high-demand industries in the world. India has provided pharmaceutical products to over 200 countries and will continue to do so in the future.<\/p>\n<p>It is the pharmaceutical sector that is the second-largest consumer of white oil. There are many uses of white oil, including laxative jellies, pomades, balms, creams, capsule lubricants, pelletizing aids, ointment bases, vaccines, and more.<\/p>\n<p>The Indian market is the world\u2019s largest supplier of generic drugs, supplying 40% of what Americans and 30% of what the British demand for generic drugs. A chain of around 10,500 companies manufacture domestic drugs.<\/p>\n","protected":false},"featured_media":2874,"template":"","class_list":["post-2884","publications","type-publications","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/gulfoilrefinery.com\/index.php?rest_route=\/wp\/v2\/publications\/2884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gulfoilrefinery.com\/index.php?rest_route=\/wp\/v2\/publications"}],"about":[{"href":"https:\/\/gulfoilrefinery.com\/index.php?rest_route=\/wp\/v2\/types\/publications"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gulfoilrefinery.com\/index.php?rest_route=\/wp\/v2\/media\/2874"}],"wp:attachment":[{"href":"https:\/\/gulfoilrefinery.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}