This chemical is primarily utilized in organic synthesis, particularly in the production of long-chain aliphatic compounds. It serves as a valuable intermediate in the creation of surfactants and lubricants, where its bromine and alkene functional groups allow for further chemical modifications. Additionally, it is used in the development of specialty polymers and coatings, contributing to their unique properties such as flexibility and durability. In pharmaceutical research, it acts as a building block for synthesizing complex molecules, including bioactive compounds and drug candidates. Its application also extends to the field of material science, where it is employed in the preparation of advanced materials with specific mechanical or chemical characteristics.