Used as a lubricant in pharmaceutical formulations to prevent ingredients from sticking to manufacturing equipment during the compression of tablets. Acts as a softening agent in cosmetic products such as creams, lotions, and makeup, improving texture and stability. Serves as a hardening agent in candle production, especially in paraffin-based candles, to improve structural integrity and burning properties. Employed in the rubber and plastic industries as a processing aid and release agent during the manufacturing of molded products. Used in the production of surfactants, detergents, and emulsifiers due to its ability to react with metals and organic compounds to form soaps and stearates. Common additive in food products as a release agent and thickener, approved for use in confectionery and baking applications. Functions as a corrosion inhibitor in some industrial applications by forming a protective layer on metal surfaces.