As a synergistic heat stabilizer and lubricant for polyvinyl chloride, it is non-toxic and free from sulfide pollution. It can be used as a halogen absorber for polypropylene and polyethylene to eliminate the adverse effects of residual catalysts on color and stability in the resin. It can also be used as an anti-caking agent to prevent powder or crystal aggregation and caking. It serves as a lubricant for polyolefin fiber molding compounds, as well as a lubricant and release agent for thermosetting plastics such as phenolic and amino resins, and polyester reinforced plastics. Additionally, it can be used as a thickener for lubricating greases, a water repellent for textiles, and a matting agent for paints.