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Final answer:
Glycerol, a key polyol compound, is derived from fats and acts as a crucial component in multiple industries due to its unique properties.
Explanation:
Glycerol is a trihydric alcohol that serves as the backbone for many lipids. It is derived from fats through hydrolysis and is a key component in various industries including food, cosmetics, and pharmaceuticals. Glycerol has three hydroxyl groups that contribute to its solubility in water and humectant properties.
Learn more about Glycerol derivation from fats here:
https://brainly.com/question/43907075
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