Used as an intermediate in organic synthesis, particularly in the production of surfactants and lubricant additives. It also serves in the formulation of corrosion inhibitors due to its ability to form protective films on metal surfaces. In agrochemicals, it functions as a stabilizer and adjuvant in pesticide formulations, improving dispersion and adherence. Additionally, it finds use in cosmetics as an emollient and thickening agent in creams and lotions.