Used primarily as a chemical intermediate in the synthesis of various organic compounds. It serves in the production of resins, plasticizers, and lubricants due to its ability to modify viscosity and improve stability. Also employed in the formulation of cosmetics and personal care products, where it functions as a humectant and skin-conditioning agent. Its multifunctional hydroxyl groups enable use in cross-linking reactions for coatings and polymers, enhancing durability and water resistance.