Used primarily as an intermediate in the synthesis of various chemicals, including pharmaceuticals, agrochemicals, and surfactants. It plays a role in the production of quaternary ammonium compounds, which are widely used as disinfectants, fabric softeners, and antistatic agents. Additionally, it serves as a catalyst or reagent in organic reactions, particularly in the preparation of specialty chemicals. Its applications extend to the manufacture of corrosion inhibitors and rubber processing chemicals, where it enhances performance and stability.