Used primarily as a monomer in the synthesis of polyesters and polyamides, enabling the production of high-performance polymers with excellent thermal stability and mechanical strength. Its long aliphatic chain contributes to flexibility and hydrophobicity in coatings, adhesives, and specialty plastics. Also employed in controlled-release formulations in agrochemicals and pharmaceuticals due to its biodegradable ester linkages. Serves as an intermediate in the manufacture of plasticizers and lubricants, improving low-temperature performance and durability in industrial applications.