This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for the creation of more complex molecules, often contributing to the development of active ingredients in drugs. Additionally, it finds application in the synthesis of surfactants and lubricants, where its structure helps in enhancing performance properties. In research, it is utilized for studying reaction mechanisms and developing novel compounds with potential industrial or medicinal value. Its versatility makes it a valuable component in various chemical processes.