This character is a Other Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. Its East Asian Width is wide. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. U+1F9FC offers a line break opportunity at its position, except in some numeric contexts.
The CLDR project calls this character “soap” for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: bar, bathing, clean, cleaning, lather, soapdish.
This character is designated as an emoji. It will be rendered as colorful emoji on conforming platforms. To reduce it to a monochrome character, you can combine it with Glyph for U+FE0EVariation Selector-15: 🧼︎ See the Emojipedia for more details on this character’s emoji properties.
The Wikipedia has the following information about this codepoint:
Soap is a salt of a fatty acid (sometimes other carboxylic acids) used for cleaning and lubricating products as well as other applications. In a domestic setting, soaps, specifically "toilet soaps", are surfactants usually used for washing, bathing, and other types of housekeeping. In industrial settings, soaps are used as thickeners, components of some lubricants, emulsifiers, and catalysts.
Soaps are often produced by mixing fats and oils with a base. Humans have used soap for millennia; evidence exists for the production of soap-like materials in ancient Babylon around 2800 BC.