The quantity that determines what a particle beam may be used for is called gamma ($\gamma$). It is defined as
$$\gamma = \frac{1}{\sqrt{1-\left(\frac{v}{c}\right)^2}}.$$
As $v$ gets closer to $c$, $\gamma$ gets larger without bound and equals infinity when $v = c$.
Since particles in a synchrotron are moving at very close to the speed of light ($0.99999999c$ in the case of the LHC*), physicists use another, equivalent formula to calculate $\gamma$.
$$\gamma = \frac{K}{m}+1$$
where $K$ is the kinetic energy of the particle in electron-volts (eV) and $m$ is the mass of the particle in eV/c$^2$ (feel free to ask what this unit means). An electron has a mass of about 511,000 eV/c$^2$ or 0.511 MeV/c$^2$, while a proton has a mass of about 1,000,000,000 eV/c$^2$ or 1 GeV/c$^2$ (2,000 times larger than an electron). The LHC runs at 7 TeV (7,000,000,000,000,000 eV) per beam, so the gamma value for these protons is
$$\gamma = \frac{7\,TeV}{1\,GeV} + 1 \approx 7,000.$$
For electrons, we get
$$\gamma = \frac{7\,TeV}{0.5\,MeV} + 1 \approx 14,000,000.$$
This difference either helps or hurts a beam depending on what you want to do.
Synchrotron radiation is released by a particle when its path is curved. The rate at which energy is released is proportional to the fourth power of gamma ($\gamma^4$). In the case of the LHC, physicists want the particles to collide with the most amount of energy possible. The radiation released while the beam is turned in a circle is wasted. So, since protons have a much larger mass than electrons, they have a much lower gamma, which means they lose much less energy in each turn around the ring. An electron going around the ring is limited to about 200 GeV (this was the energy of the electron-positron beams in the Large Electron-Positron (LEP) collider at CERN, which used the same tunnel as the current LHC). The tradeoff is that protons are complicated particles with inner structure, so the collisions between them are complicated. Future colliders, like the International Linear Collider being build in Japan, will be linear in order to minimize the energy lost when turning the beam. The tradeoff with linear colliders is that you only get one chance to accelerate the particles, whereas, in a ring, you get to accelerate a particle many times through many circulations.
Now, if you want to produce radiation, you want gamma to be as large as possible, so electrons are a natural choice. Facilities called light sources around the world send electron beams through magnets (dipoles or undulators) in order to produce high-power X-rays for other scientists to use. For example:
* If an LHC proton and a photon of light were to have a race to the moon, the photon would only win by about twelve feet. An electron with the same energy would lose by a micron.