Used primarily as an intermediate in organic synthesis, particularly in the production of surfactants and lubricant additives. It also finds application in the formulation of cosmetics and personal care products due to its emollient properties, helping to retain moisture in skin and hair. In agriculture, it serves as a component in pesticide formulations, enhancing adhesion and penetration. Additionally, it is utilized in polymer processing as a slip agent and anti-blocking additive in plastics.