This chemical is widely used as an intermediate in the production of surfactants and emulsifiers, which are essential components in various industrial and consumer products. It is particularly valued in the formulation of detergents, cleaning agents, and personal care products like shampoos and lotions, where it helps to stabilize mixtures and improve texture. Additionally, it finds application in the synthesis of lubricants and plasticizers, contributing to the flexibility and durability of plastics and rubber materials. Its role in enhancing the performance of coatings and adhesives also makes it a valuable ingredient in industrial applications.