This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is often employed in the development of surfactants and lubricants due to its long hydrocarbon chain, which imparts desirable properties such as reduced friction and improved stability. Additionally, it serves as a key building block in the production of specialty chemicals used in coatings and adhesives, where its bromomethyl group enables further functionalization. Its application extends to research and development in material science, particularly in the creation of novel polymers with tailored properties.