Used primarily as an intermediate in organic synthesis, it plays a key role in the production of quaternary ammonium compounds, which are essential in fabric softeners, surfactants, and disinfectants. It is also utilized in the manufacture of specialty chemicals, including lubricants and corrosion inhibitors. In research, it serves as a reagent for alkylation reactions, contributing to the development of new materials and compounds. Additionally, it finds application in the synthesis of long-chain alkyl derivatives for use in pharmaceuticals and agrochemicals.