Used primarily as a plasticizer and lubricity additive in industrial applications. Enhances flexibility and workability of polymers, especially in synthetic rubber and plastic manufacturing. Commonly added to lubricating oils and greases to improve viscosity index and reduce friction under high-pressure conditions. Also functions as a surfactant or emulsifying agent in certain specialty formulations due to its amphiphilic structure. Exhibits good thermal stability, making it suitable for use in high-temperature processing environments.