Used as a heat stabilizer in polyvinyl chloride (PVC) and other polymeric materials to prevent degradation during processing. Acts as a lubricant in plastic and rubber manufacturing, improving flow and mold release, particularly in extrusion and injection molding processes. Helps in the dispersion of additives in PVC formulations. Employed in the production of greases and coatings due to its water-repellent and corrosion-inhibiting properties. Functions as a drier in paints and inks, accelerating the curing process of drying oils. Used in the paper and textile industries to enhance water resistance. Historically used in cosmetics and skincare products, though this application has declined due to toxicity concerns.