Used in the synthesis of esters for fragrances and flavorings, particularly in fruit flavors like banana and cheese-like aromas. Employed in the production of lubricants and corrosion inhibitors due to its moderate chain length and stability. Serves as a precursor in organic synthesis, including pharmaceuticals and agrochemicals. Utilized in microbiology as a component in culture media for studying microbial metabolism. Also found in some antimicrobial formulations due to its fatty acid properties.