Used primarily in the production of surfactants and emulsifiers, this compound plays a key role in creating personal care products like lotions and creams, where it helps to stabilize mixtures and improve texture. It is also utilized in the manufacture of industrial lubricants and coatings, providing enhanced performance and durability. Additionally, it serves as an intermediate in organic synthesis, contributing to the development of various specialty chemicals and materials. Its properties make it valuable in research and development for exploring new applications in material science and chemical engineering.