This compound is primarily utilized in the synthesis of polymers and advanced materials, particularly in the development of functionalized polymers with specific mechanical and chemical properties. Its acryloyl group enables it to participate in polymerization reactions, making it valuable for creating cross-linked polymers used in coatings, adhesives, and hydrogels. Additionally, it serves as a key intermediate in pharmaceutical research, where it is incorporated into the design of drug candidates, especially those targeting neurological and cardiovascular diseases. Its piperazine moiety contributes to enhancing the bioavailability and binding affinity of potential therapeutic agents.