Used primarily as an intermediate in the synthesis of quaternary ammonium compounds, which serve as fabric softeners and antistatic agents in the textile industry. It also functions as a corrosion inhibitor in metalworking fluids and lubricants. Due to its lipophilic nature, it is employed in extraction processes for separating metals and in the formulation of specialty surfactants. Additionally, it finds use in agrochemical formulations as a solubilizing agent and emulsifier.