Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of carbamate compounds, which are widely used as insecticides, herbicides, and fungicides. Additionally, it plays a role in the development of certain drugs, including those targeting neurological disorders, by facilitating the introduction of carbamoyl groups into molecular structures. Its reactivity with amines and alcohols makes it a versatile reagent in constructing complex organic molecules.