2-hydroxy Lignoceric Acid methyl ester is primarily used in the field of lipid research and biochemistry. It serves as a key intermediate in the synthesis of complex lipids and is often utilized in studies related to lipid metabolism and membrane biology. This compound is particularly valuable in the development of lipid-based drug delivery systems, where it helps enhance the stability and bioavailability of therapeutic agents. Additionally, it finds application in cosmetic formulations, where it acts as an emollient and skin-conditioning agent, improving the texture and hydration of skincare products. Its role in the production of specialty chemicals for industrial applications, such as lubricants and surfactants, is also noteworthy.