Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of surfactants, lubricants, and corrosion inhibitors. In the pharmaceutical industry, it serves as a building block for the synthesis of various compounds. Additionally, it is employed in the manufacture of quaternary ammonium compounds, which are widely used in disinfectants and fabric softeners. Its application extends to research and development, where it is utilized in the study of chemical reactions and material properties.