This chemical is primarily utilized in the cosmetic and skincare industry due to its beneficial properties for skin health. It is known for its moisturizing effects, helping to improve skin hydration and elasticity. Additionally, it is often incorporated into anti-aging formulations as it supports the skin's natural repair processes and reduces the appearance of fine lines and wrinkles. Its ability to enhance the skin barrier function makes it a valuable ingredient in products aimed at protecting the skin from environmental stressors. Furthermore, it is sometimes used in hair care products to promote scalp health and improve hair texture.