Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound acts as an intermediate in the production of pesticides and herbicides due to its reactivity with amines and alcohols, forming ureas and urethanes. It is also employed in the development of specialty polymers and coatings where enhanced thermal and chemical resistance is required. Its aromatic structure contributes to improved stability in final products. Due to its isocyanate functional group, it readily participates in cycloaddition and coupling reactions, making it valuable in organic synthesis for building complex molecules. Safety precautions are critical during handling because of its toxicity and potential to cause respiratory sensitization.