This chemical is widely used as an emulsifying agent in the formulation of personal care products, such as creams, lotions, and hair care items. Its ability to stabilize oil-in-water emulsions makes it valuable for creating smooth, consistent textures in cosmetic products. Additionally, it is employed in industrial applications, particularly as a lubricant additive, where it enhances the performance of metalworking fluids and reduces friction. Its dual functionality as an emulsifier and lubricant also makes it suitable for use in textile processing, where it aids in the even distribution of dyes and softens fabrics. In the pharmaceutical industry, it serves as a solubilizing agent for active ingredients in topical formulations, improving their absorption and efficacy.