This chemical is primarily used as a thickening agent in the production of greases and lubricants. It enhances the viscosity and stability of these products, making them more effective in high-temperature and high-pressure environments. Additionally, it is employed in the formulation of certain types of paints and coatings, where it acts as a stabilizer to improve texture and application properties. In the industrial sector, it is also utilized as an additive in metalworking fluids to reduce friction and wear on machinery parts. Its ability to form stable emulsions makes it valuable in the creation of various cosmetic and personal care products, such as creams and lotions, where it helps to maintain a smooth and consistent texture.