Used primarily in the synthesis of various organic compounds, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key intermediate in the creation of ureas and carbamates, which are essential in drug development. Additionally, it is employed in the manufacturing of specialty chemicals, including coatings and adhesives, where its reactivity with amines and alcohols is utilized to form polyurethane products. Its application extends to research and development labs for creating novel compounds with potential industrial or medicinal uses.