Used as a lubricant in pharmaceutical formulations to prevent ingredients from sticking during tablet compression. Acts as a softening agent in cosmetics like creams and lotions, improving texture and stability. Serves as a hardener in candle production, enhancing structural integrity and burn time. Employed in rubber and plastic industries to improve processing and flexibility. Functions as a surfactant and emulsifier in detergents and soaps, aiding in grease removal and foam formation.