Used primarily as an intermediate in the synthesis of specialty esters and plasticizers, this compound contributes to the production of lubricants and coatings with improved thermal stability and flexibility. Its long-chain structure enables modification of viscosity in formulations for industrial fluids and adhesives. It is also employed in the preparation of fragrance fixatives in perfumery, helping to prolong scent longevity. In polymer chemistry, it acts as a monomer or chain extender in the development of polyesters and polyurethanes, enhancing material durability and resistance to environmental degradation.