Used in the production of candles, providing a stable and consistent burn. It is also applied in cosmetics, particularly in lip balms and creams, to create a protective barrier on the skin, locking in moisture. In industrial settings, it serves as a lubricant and coating material, offering resistance to water and corrosion. Additionally, it is utilized in the preservation of artworks and sculptures, providing a protective layer against environmental factors. In pharmaceuticals, it is used in ointments and skin creams to improve texture and ease of application.