Used in cosmetic and personal care formulations as a skin conditioning agent, providing emollient properties that help soften and smooth the skin. It is also utilized in transdermal delivery systems to enhance the penetration of active ingredients through the skin due to its lipophilic structure. Its stability and low irritation potential make it suitable for use in creams, lotions, and serums. Additionally, it serves as an intermediate in the synthesis of bioactive compounds in pharmaceutical research, particularly those targeting neurological and inflammatory pathways.