Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. Its structure is particularly valuable in the development of peptide-based drugs, where it can enhance stability and bioavailability. In agrochemicals, it is utilized in the formulation of herbicides and pesticides, contributing to improved efficacy and targeted action. Additionally, its unique properties make it suitable for research applications in organic chemistry, particularly in the study of carbamates and their derivatives.