Used primarily in the production of polymers and coatings, it enhances the durability and water resistance of materials. It is often incorporated into adhesives and sealants to improve their flexibility and adhesion properties. In the cosmetics industry, it serves as a key ingredient in formulations for long-lasting and smooth-textured products like lipsticks and creams. Additionally, it is utilized in the manufacturing of specialty plastics and resins, contributing to their stability and performance in various industrial applications.