Used as a lubricant additive to enhance the performance and longevity of machinery components. It is also employed in the formulation of coatings and paints, providing improved durability and resistance to environmental factors. In the cosmetic industry, it serves as an emollient, helping to soften and smooth the skin. Additionally, it is utilized in the production of certain plasticizers, contributing to the flexibility and workability of plastics. Its applications extend to the textile industry, where it acts as a softening agent for fabrics.