Used as a phase transfer catalyst in organic synthesis, facilitating reactions between reagents in different phases by transferring ions into organic solvents. Commonly applied in nucleophilic substitutions, oxidations, and polymerizations where efficient ion transport enhances reaction rates and yields. Also utilized in the preparation of nanomaterials and as a stabilizing agent in colloidal systems due to its surfactant properties. Its long alkyl chains provide good solubility in nonpolar media, making it effective in biphasic catalytic systems.