Used as a lubricant in various industries, including pharmaceuticals and cosmetics, to enhance texture and reduce friction. In medicine, it serves as a base for ointments, creams, and suppositories due to its water-soluble and non-irritating properties. It is also employed in drug delivery systems to improve the solubility and stability of medications. In biotechnology, it aids in protein crystallization and cell fusion processes. Additionally, it is utilized in food products as a thickener, stabilizer, and moisture-retaining agent. Its versatility extends to industrial applications, such as antifreeze and as a component in hydraulic fluids.