Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for heterocyclic compounds due to the presence of both amine and hydroxyl functional groups, enabling diverse chemical transformations. Employed in the development of corrosion inhibitors and surfactants. Also finds use in the synthesis of chelating agents and functional polymers. Its bifunctional nature allows for cross-linking in polymer chemistry and formulation of specialty coatings.