This compound is widely utilized in the field of biochemistry and molecular biology, particularly as an active ester for peptide synthesis. It serves as a key reagent in the formation of amide bonds, enabling the coupling of amino acids during the production of peptides and proteins. Its long aliphatic chain enhances solubility in organic solvents, making it suitable for use in various organic synthesis processes. Additionally, it is employed in the modification of biomolecules, such as proteins and nucleic acids, to introduce hydrophobic groups or create conjugates for research and therapeutic applications. In material science, it can be used to functionalize surfaces or polymers, imparting specific properties like hydrophobicity or improved biocompatibility. Its versatility also extends to the development of drug delivery systems, where it can be incorporated into carriers to enhance the stability and release of active pharmaceutical ingredients.