Used primarily in the synthesis of specialty polyurethanes and agrochemicals, this compound acts as a key intermediate in creating pesticides and plant growth regulators due to its reactivity with amines and alcohols. It is also employed in the production of certain pharmaceuticals, where its aromatic and isocyanate functional groups enable the construction of complex active ingredients. Additionally, it finds use in the development of high-performance coatings and adhesives, contributing to improved chemical and thermal resistance. Due to its reactivity and potential hazards, handling requires strict controls in industrial settings.