Used in the formulation of lubricants and industrial fluids due to its ability to reduce friction and improve performance under high temperatures. It is also employed in the production of personal care products, such as creams and lotions, where it acts as an emollient to soften and smooth the skin. In the cosmetics industry, it serves as a thickening agent and stabilizer in various formulations. Additionally, it is utilized in the synthesis of specialty chemicals and as a raw material in the manufacture of surfactants and detergents, enhancing their cleaning efficiency.