Used as a biodiesel component due to its ability to reduce viscosity and improve fuel flow properties when blended with diesel. Acts as a lubricant additive in industrial applications, enhancing performance and reducing wear in machinery. Employed in the production of surfactants and emulsifiers for use in detergents and personal care products. Serves as a plasticizer in polymer formulations to increase flexibility and workability. Utilized in agrochemical formulations as a carrier or adjuvant to improve the dispersion and absorption of active ingredients. Also functions as a solvent and processing aid in coatings, inks, and adhesives.