Used in the production of polymers and surfactants, it plays a key role in enhancing the flexibility and solubility of materials. It is also applied in the formulation of personal care products, such as shampoos and lotions, to improve texture and stability. In industrial applications, it serves as a component in lubricants and coatings, providing moisture retention and smoothness. Additionally, it is utilized in pharmaceutical preparations to aid in drug delivery systems, ensuring better absorption and effectiveness.