Widely used in pharmaceutical and biomedical applications as a thermoreversible gel carrier for drug delivery. It enables controlled release of active ingredients due to its temperature-dependent sol-gel transition behavior. Commonly applied in injectable formulations where it forms a depot at body temperature, prolonging drug action. Also utilized in tissue engineering as a scaffold matrix due to its biocompatibility and tunable physical properties. Frequently incorporated into cosmetic products for its moisturizing and emulsifying effects. Used in industrial applications as a surfactant and stabilizer in coatings, adhesives, and foams.