Primarily used in the formulation of lubricants and greases, this chemical enhances the performance of industrial machinery by reducing friction and wear. It is also employed in the production of metalworking fluids, where it improves the efficiency of cutting, grinding, and other machining processes. Additionally, it finds application in the manufacture of coatings and adhesives, providing durability and resistance to environmental factors. Its versatility makes it a valuable component in various industrial and manufacturing sectors.