This compound is widely used in the field of lipid research and membrane biology due to its role as a phospholipid. It serves as a key component in the study of lipid bilayers, helping researchers understand membrane dynamics and fluidity. Additionally, it is utilized in the formulation of liposomes for drug delivery systems, where it enhances the stability and encapsulation efficiency of therapeutic agents. Its presence in cellular membranes also makes it valuable in studies related to cell signaling and lipid metabolism. Furthermore, it is employed in cosmetic and skincare products to improve skin barrier function and hydration.