Used primarily as a chemical intermediate in the synthesis of specialty polymers and coatings. Its long aliphatic chain contributes to flexibility and hydrophobicity in polymer formulations, making it suitable for use in lubricants, plasticizers, and water-resistant films. Also employed in the production of cosmetics and personal care products due to its emollient properties and ability to enhance texture and stability. Additionally, it serves as a building block in organic synthesis for creating ester-based compounds with tailored physical properties.