Used as a surfactant and surface modifier in industrial applications, particularly in coatings and lubricants. It helps improve slip resistance and wear protection due to its long hydrophobic chain. Also employed in the formulation of corrosion inhibitors for metal protection. In cosmetics and personal care products, it acts as an emulsifier and thickening agent. Its thermal stability makes it suitable for use in high-temperature processing of polymers and plastics. Additionally, it serves as an intermediate in the synthesis of specialty chemicals and agrochemicals.