In this form it is used by some breastfeeding mothers on sore and cracked nipples.
This grade of lanolin can also be used to treat chapped lips, diaper rash, dry skin,
itchy skin, rough feet, minor cuts, minor burns and skin abrasions. Many varieties of shaving cream contain lanolin.
 As an ointment base, it is readily absorbed through skin, facilitating absorption of the medicinal chemicals it carries.
Some folk medicine traditions use lanolin in the nose, in small amounts, to treat head colds.

Lanolin is often used by baseball players to soften and break in their gloves
(shaving cream that contains lanolin is popularly used for this).

The name given to the product 'Oil of Olay' is derived from the word "lanolin," a key ingredient,
which was chosen by the inventor, Graham Wulff.[2]

Using cosmetic products which contain impure lanolin can result in an allergic reaction in some people.

Lanolin is often used as a raw material for producing vitamin D3.

Anhydrous lanolin is also used as a lubricant for brass instrument tuning slides.

[edit] Production
Crude lanolin constitutes approximately 5-25% of the weight of freshly shorn wool.
 The wool from one Merino sheep will produce about 250-300 ml of recoverable wool grease.
Lanolin is extracted from wool via a scouring process.
This process involves washing the wool in hot water with a special wool scouring detergent to remove dirt,
wool grease (crude lanolin), suint (sweat salts), and anything else stuck to the wool.
The wool grease is continuously removed during this washing process by centrifugal separators,
 which concentrate the wool grease into a wax-like substance melting at approximately 38°C (100°F).

Physical and Chemical Properties

Appearance:
Yellow, ointment like mass.
Odor:
Slight characteristic odor.
Solubility:
Insoluble in water.
Specific Gravity:
0.932 - 0.945 @ 15C
pH:
No information found.
% Volatiles by volume @ 21C (70F):
No information found.
Boiling Point:
Decomposes.
Melting Point:
36 - 42C (97 - 108F)
Vapor Density (Air=1):
No information found.
Vapor Pressure (mm Hg):
No information found.
Evaporation Rate (BuAc=1):
No information found.