Methyl myristate is widely used in the cosmetic and personal care industry as an emollient and skin-conditioning agent. It helps to soften and smooth the skin, making it a common ingredient in lotions, creams, and moisturizers. Additionally, it serves as a solvent and carrier for fragrances, enhancing the sensory experience of products.

In the industrial sector, it is utilized as a lubricant and as a component in the formulation of biodegradable detergents and cleaning agents. Its properties make it suitable for use in metalworking fluids and as a plasticizer in certain polymer applications.

Methyl myristate also finds application in the production of biodiesel, where it acts as a precursor or additive to improve fuel properties. Its versatility and mild nature make it a valuable compound across various industries.