Used in drug delivery systems due to its amphiphilic nature, enabling the formation of micelles that encapsulate hydrophobic drugs for improved solubility and controlled release. Commonly applied in nanotechnology for creating well-defined nanostructures through self-assembly, useful in coatings and thin films with tailored surface properties. Employed in stimuli-responsive materials, where changes in pH or temperature trigger structural changes, making it suitable for smart coatings and sensors. Also utilized as a compatibilizer in polymer blends to enhance mechanical properties and phase stability.