Used primarily as an intermediate in organic synthesis, this compound serves in the production of surfactants, lubricants, and specialty polymers. Its epoxy functionality allows ring-opening reactions to introduce hydroxyl groups or other functional moieties, enabling modification of long-chain hydrocarbons for use in coatings, plasticizers, and emulsifiers. It is also employed in the preparation of agrochemicals and pharmaceuticals where a long alkyl chain with reactive handles is required. Due to its hydrophobic nature, it finds use in modifying surface properties of materials, such as improving water resistance or adhesion in formulated products.