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 candle production, improving flexibility and reducing brittleness. Serves as a key ingredient in cosmetics and skincare products, providing emollient properties and helping to stabilize emulsions. Employed in the production of soaps and detergents due to its ability to form metallic soaps when reacted with bases. Functions as a release agent in rubber and plastic manufacturing, aiding in the removal of molded products from molds. Utilized in textile finishing to enhance fabric smoothness and water resistance. Added to food products as a release agent and thickening agent, commonly found in confectionery and chewing gum.