This chemical is widely used as a surfactant and emulsifier in various industrial and consumer products. It is particularly effective in stabilizing emulsions in cosmetic formulations, ensuring that oil and water components blend smoothly. In cleaning products, it enhances the wetting and spreading properties, improving the removal of dirt and grease. Additionally, it is utilized in pharmaceuticals as a solubilizing agent, helping to improve the solubility of poorly soluble drugs. Its versatility also extends to coatings and paints, where it acts as a dispersing agent to maintain uniform consistency.