This compound is primarily used as a surfactant or emulsifying agent in various industrial and cosmetic formulations. Its amphiphilic nature allows it to reduce surface tension, making it effective in stabilizing mixtures of oil and water. In personal care products, it is often incorporated into creams, lotions, and hair conditioners to enhance texture and improve the spreadability of the product. Additionally, it finds application in cleaning agents and detergents, where it aids in the removal of grease and dirt by breaking down oily residues. Its chemical structure also makes it suitable for use in certain pharmaceutical formulations, where it can act as a solubilizing agent for poorly water-soluble drugs.