This compound is primarily utilized in the synthesis of advanced materials and pharmaceuticals. It serves as a key intermediate in the production of organic compounds, particularly in the development of dyes, pigments, and specialty chemicals. Its unique structure, featuring both an oxetane ring and an aniline group, makes it valuable for creating polymers with enhanced thermal stability and mechanical properties. Additionally, it is employed in the pharmaceutical industry for designing drug candidates, especially those targeting specific biological pathways due to its reactive amine group. Its versatility also extends to agrochemical research, where it is used to develop novel pesticides and herbicides with improved efficacy.