Used extensively in the production of biodegradable lubricants and greases, this chemical serves as an eco-friendly alternative to petroleum-based products. Its application in the manufacturing of plasticizers enhances the flexibility and durability of polymers, particularly in PVC products. Additionally, it is employed in the formulation of cosmetics and personal care items, where it acts as an emollient to improve skin texture and moisture retention. Its role in the creation of bio-based resins and coatings highlights its importance in sustainable industrial practices.