Primarily used as a key intermediate in organic synthesis, this compound is essential for producing polymers and dendrimers. It plays a significant role in the creation of high-performance materials, such as polyamides and polyimides, which are valued for their thermal stability and mechanical strength. Additionally, it is utilized in the development of advanced coatings and adhesives, offering enhanced durability and resistance to harsh conditions. Its reactivity with nucleophiles makes it a valuable building block in pharmaceutical research, particularly in the synthesis of complex molecules and drug delivery systems.