Used as a building block in the synthesis of high-performance polyesters and polyamides, offering enhanced thermal stability and mechanical strength. Employed in specialty lubricants and plasticizers due to its long aliphatic chain, contributing to low volatility and improved durability. Also finds use in cosmetic formulations as an emollient and texture enhancer, providing smooth skin feel without greasiness. Investigated for controlled-release drug delivery systems owing to its biocompatibility and slow degradation rate. Additionally, utilized in paints, coatings, and flexible biomaterials for improved environmental durability.