Used primarily as an intermediate in the synthesis of specialty chemicals and surfactants. It serves in the production of lubricants and greases due to its long hydrocarbon chain and functional ketone group, which contribute to thermal stability and surface activity. Also employed in the formulation of coatings and adhesives, where it enhances water resistance and film-forming properties. Its ester functionality allows for further chemical modifications, making it suitable for use in polymer additives and plasticizers. Additionally, it finds application in the fragrance industry as a building block for complex aroma compounds.