Widely used as a non-ionic surfactant in various industries due to its amphiphilic properties. It is effective in stabilizing emulsions and dispersions, making it valuable in pharmaceuticals for drug delivery systems, particularly in enhancing the solubility and bioavailability of poorly water-soluble drugs. In cosmetics, it is utilized as an emulsifier and stabilizer in creams and lotions, improving texture and consistency. Additionally, it plays a role in industrial applications, such as in the formulation of coatings, adhesives, and detergents, where it aids in controlling viscosity and improving performance. Its biocompatibility and ability to self-assemble into micelles also make it suitable for use in biomedical research and nanotechnology.