Used primarily as an intermediate in the synthesis of surfactants and emulsifiers for cosmetics and personal care products. It functions as a fragrance component in perfumery due to its mild, waxy, and floral-herbal odor. Also employed in the formulation of lubricants and plasticizers to improve flexibility and stability in polymer systems. Its long hydrocarbon chain contributes to water-repellent properties, making it suitable in coatings and protective films. Additionally, it serves as a solvent or carrier for dyes and pesticides in agricultural formulations.