This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of local anesthetics and analgesic agents. Its structure is key in creating derivatives that exhibit numbing effects by blocking nerve signals. Additionally, it serves as an intermediate in the production of agrochemicals, contributing to the formulation of pesticides and herbicides. In research settings, it is employed to study receptor interactions and develop new therapeutic molecules. Its application extends to organic synthesis, where it acts as a building block for complex chemical structures.