Widely used in skincare and cosmetics due to its excellent moisturizing properties. It forms a protective barrier on the skin, reducing water loss and helping to retain moisture, making it ideal for treating dry, cracked, or sensitive skin. Commonly found in lip balms, hand creams, and baby products because of its soothing and non-irritating nature. Also used in medical ointments and wound care products to support skin healing. Its ability to soften and condition makes it a popular ingredient in hair care formulations, especially for dry or damaged hair. Frequently used in industrial applications as a corrosion inhibitor and lubricant for metal parts.