Used primarily as an intermediate in the production of surfactants, emulsifiers, and lubricants. It is also employed in the manufacturing of personal care products, such as creams and lotions, due to its ability to act as a thickening agent and emollient. In the industrial sector, it serves as a component in the synthesis of plasticizers and textile auxiliaries. Additionally, it finds application in the formulation of coatings and inks, where it improves texture and stability. Its role in the creation of biodegradable detergents and cleaning agents is also notable, contributing to environmentally friendly solutions.