Used primarily as an intermediate in the synthesis of specialty esters and plasticizers, this compound contributes to the production of lubricants and emollients in cosmetic formulations. Its structure allows for good solvency and low volatility, making it suitable in formulations requiring extended workability and stability. It is also utilized in the preparation of biodegradable polymers and coatings, where moderate hydrophilicity and ester functionality are beneficial. In some cases, it serves as a mild acrylate substitute in adhesives and sealants to reduce irritation potential while maintaining performance.