Used in the synthesis of surfactants and detergents due to its ability to modify surface tension and enhance cleaning efficiency. It serves as a key intermediate in the production of specialty chemicals, including lubricants and corrosion inhibitors. Applied in organic synthesis to create long-chain fatty acid derivatives for research and industrial purposes. Utilized in the development of self-assembled monolayers for surface modification in nanotechnology. Also employed in biochemical studies to investigate lipid metabolism and membrane properties.