Used in cosmetic and pharmaceutical formulations as an emollient and skin conditioning agent. Provides a protective barrier on the skin, helping to retain moisture and improve texture. Also serves as a lubricant in topical products, enhancing spreadability and reducing irritation. Found in creams, lotions, and ointments designed for dry or sensitive skin. Additionally, used in sustained-release drug delivery systems due to its slow metabolism and compatibility with lipid-based matrices.