Used primarily as an intermediate in the synthesis of various chemical products, particularly in the production of plasticizers, lubricants, and surfactants. Its structure allows it to act as a precursor in the creation of esters, which are valuable in enhancing the flexibility and durability of plastics. Additionally, it finds application in the formulation of industrial lubricants, where it helps reduce friction and wear in machinery. In the field of surfactants, it contributes to the development of emulsifiers and detergents, improving their effectiveness in stabilizing mixtures and cleaning applications. Its versatility makes it a key component in several industrial processes.