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Global White Oil Market Size Opportunities Share Industry Analysis Top Companies Growth Regional Trends
White oil, also known as liquid paraffin or mineral oil, is a colorless, odorless, and tasteless petroleum-derived fluid. It is a versatile and inert substance widely used across various industries, including pharmaceuticals, cosmetics, food processing, and industrial applications. White oil's purity and non-comedogenic properties make it suitable for pharmaceutical formulations, skincare products, and as a lubricant in machinery. It serves as a crucial ingredient in various products, contributing to its widespread use in modern manufacturing and industrial processes.
The white oil market is anticipated to achieve a valuation of USD 2.28 billion by the year 2030, reflecting a Compound Annual Growth Rate (CAGR) of 4.7% from its 2022 value of USD 1.58 billion.
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A Pillar of Purity in Pharmaceuticals: One of the primary domains where white oil shines is the pharmaceutical industry. Its purity and inert nature make it an ideal component in the production of various pharmaceutical formulations. From acting as a lubricant in tablet manufacturing to serving as a base for ointments and creams, white oil ensures pharmaceutical products meet stringent quality standards.
Cosmetic Elegance and Purity: White oil's presence extends into the realm of beauty and skincare. Renowned for its purity and non-comedogenic properties, it finds application in cosmetics, skincare products, and personal care items. White oil acts as a base in lotions, creams, and makeup products, providing a silky texture and enhancing the spreadability of formulations without clogging pores.
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