Used primarily in organic synthesis as an intermediate for the production of various complex molecules. It is often employed in the preparation of surfactants and detergents due to its long alkyl chain, which enhances hydrophobic properties. Additionally, it serves as a building block in the synthesis of pharmaceuticals and agrochemicals, where the bromine atom facilitates further functionalization. In research, it is utilized in studies involving lipid metabolism and membrane dynamics, as its structure mimics natural fatty acid esters. Its role in polymer chemistry includes modifying polymer chains to achieve specific material properties.