Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive molecules. Its amine and ether functional groups allow for versatile reactivity, enabling coupling reactions, alkylations, and the formation of more complex amine derivatives. Commonly employed in the development of receptor ligands and enzyme inhibitors due to its structural similarity to aromatic amino compounds. Also utilized in the synthesis of functionalized polymers and specialty chemicals where controlled polarity and solubility are required.