Used as a pigment and drier in paints, coatings, and inks due to its ability to accelerate the curing of drying oils. Acts as a stabilizer in plastics, particularly in polyvinyl chloride (PVC), preventing degradation during processing. Employed in cosmetics and pharmaceuticals as a lubricant or thickening agent in powders, creams, and ointments. Also functions as a corrosion inhibitor and is used in some industrial greases and lubricants for metal treatment.