Used primarily in the synthesis of specialized lipids and surfactants, this compound plays a key role in creating materials with unique surface-active properties. It is often incorporated into formulations for industrial cleaning agents, where its ability to reduce surface tension enhances the effectiveness of detergents. Additionally, it serves as a precursor in the production of bio-based polymers, contributing to the development of environmentally friendly plastics. In the cosmetic industry, it is utilized in the creation of emulsifiers and stabilizers, improving the texture and consistency of skincare products. Its application extends to research settings, where it is used to study fatty acid metabolism and lipid behavior in biological systems.