Used as a fragrance ingredient and fixative in cosmetics and personal care products due to its mild, fatty, and waxy odor. Commonly found in perfumes, soaps, and lotions to enhance scent and provide a smooth, emollient feel. Also serves as a plasticizer in some polymer formulations to improve flexibility. Occasionally used in flavorings for food products as a carrier or solvent for other ingredients. Its low volatility and stability make it suitable for slow-release fragrance systems. In chemical applications, it can act as an intermediate for producing other esters.