Used primarily in cosmetic and pharmaceutical formulations as an emollient and skin-conditioning agent. It helps improve the texture and stability of creams and lotions by enhancing spreadability and moisturization. Due to its lipid-like structure, it supports skin barrier function and is often included in products designed for dry or sensitive skin. It may also serve as a solubilizing agent in topical delivery systems, aiding in the absorption of active ingredients. Additionally, it is sometimes used in research settings to study lipid metabolism and oxidation processes.