It is widely used as a plasticizer in the production of flexible PVC products, such as cables, flooring, and synthetic leather, due to its ability to enhance flexibility and durability. Additionally, it serves as a flame retardant in various materials, including coatings and adhesives, providing fire resistance while maintaining performance. It is also used as an additive in lubricants to reduce friction and prevent wear on machine parts. Its compatibility with polymers makes it a valuable additive in industrial applications where thermal stability and flame retardancy are critical.