This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting bacterial and fungal infections. Its structure allows it to act as a precursor in the development of antimicrobial drugs, enhancing their efficacy. Additionally, it is employed in research settings for studying chemical reactions involving allylamine derivatives, which are crucial in designing new therapeutic compounds. Its role in organic synthesis also extends to creating polymers and coatings with specific biological activities, making it valuable in both medical and industrial applications.