Used as a plasticizer and crosslinking agent in polymer formulations, enhancing flexibility and thermal stability of coatings and resins. Commonly applied in specialty adhesives and UV-curable systems due to its ability to improve durability and resistance to environmental degradation. Also utilized in controlled-release matrices for agrochemicals and pharmaceuticals owing to its biodegradable ester linkages. Shows compatibility with a range of organic matrices, making it suitable for functional additive applications in industrial and high-performance materials.