This compound is primarily used as a cationic surfactant and phase transfer catalyst in various chemical reactions. Its structure allows it to stabilize emulsions and facilitate the transfer of reactants between immiscible phases, making it valuable in organic synthesis and industrial processes. It is also employed in the preparation of nanoparticles, where it helps control particle size and distribution. Additionally, it finds applications in the formulation of antimicrobial agents due to its ability to disrupt microbial cell membranes. In materials science, it is utilized to modify surface properties and enhance the compatibility of different materials.