Used as a corrosion inhibitor in industrial metal protection, particularly in acidic environments. Effective in safeguarding carbon steel and other ferrous alloys from degradation during pickling and cleaning processes. Also investigated for its potential in organic electronics due to its ability to form stable thin films with semiconducting properties. Shows moderate biological activity, explored in research for antimicrobial and antifungal applications. Its lipophilic structure enhances membrane permeability, making it a candidate in agrochemical formulations for improved active ingredient delivery.