This chemical is primarily utilized in the formulation of advanced lubricants and greases, where its unique structure enhances thermal stability and reduces friction in high-performance machinery. It is also employed in the production of specialty polymers, contributing to improved flexibility and durability in materials used for industrial applications. Additionally, it serves as a key ingredient in certain cosmetic and personal care products, where it acts as an emollient, providing smoothness and moisture retention to skin and hair formulations. Its compatibility with various organic compounds makes it a versatile additive in the development of functional coatings and adhesives, ensuring enhanced performance and longevity.