Used primarily as a lubricant additive and plasticizer in industrial applications. Enhances flexibility and workability of polymers, especially in polyvinyl chloride (PVC) and rubber products. Acts as a friction modifier in engine oils and metalworking fluids, improving efficiency and reducing wear. Also functions as a release agent in molding processes due to its surface-active properties. Its long hydrophobic chain provides good compatibility with non-polar matrices, making it effective in coatings and adhesives where water resistance is required.