This chemical is primarily utilized in organic synthesis and material science. It serves as a key intermediate in the production of surfactants and detergents, where its long carbon chain and hydroxyl group contribute to effective emulsification and cleaning properties. Additionally, it is employed in the synthesis of liquid crystals, which are essential components in display technologies like LCDs. Its bromine atom also makes it a useful building block in the creation of polymers and specialty chemicals, particularly in the development of flame retardants and other functional materials.