Used primarily as an intermediate in the synthesis of pharmaceuticals and fine chemicals. Its hydroxyl-rich structure makes it valuable in modifying solubility and stability of active ingredients. Commonly employed in the production of surfactants and emulsifiers for cosmetics and personal care products due to its ability to enhance moisture retention and improve texture. Also utilized in polymer chemistry as a building block for polyurethanes and epoxy resins, contributing to flexibility and hydrophilic properties. Additionally, finds use in some industrial formulations as a solvent or humectant in coatings and inks.