This chemical is primarily used as an intermediate in the synthesis of various organic compounds. It finds application in the production of pharmaceuticals, where it serves as a building block for active pharmaceutical ingredients (APIs). Additionally, it is utilized in the manufacture of specialty chemicals, including surfactants and emulsifiers, which are essential in formulations for personal care products like lotions and creams. Its properties make it suitable for use in research and development labs for creating novel compounds with potential industrial or medicinal uses.