Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavoring agents due to its ester functionality and long-chain unsaturated structure. Its terminal double bond allows for further chemical modifications such as epoxidation, hydroformylation, or polymerization, making it useful in creating specialty chemicals and functionalized polymers. Also employed in research for developing biodegradable surfactants and lubricants, leveraging its natural origin and reactive sites for tailoring hydrophile-lipophile balance.