Used in the food industry for flavor development in cheese and dairy products. Helps in the breakdown of fats to release free fatty acids, enhancing taste and aroma. Widely applied in biodiesel production by catalyzing the transesterification of oils into fatty acid methyl esters. Employed in the leather industry for degreasing hides and skins. Utilized in wastewater treatment to break down lipid content. Also used in the synthesis of esters for fragrances and cosmetics due to its specificity in esterification reactions.