Used primarily as a specialty intermediate in organic synthesis, this compound is valuable in the preparation of polyurethanes and polyurea-based materials due to its reactive isocyanate group. Its cyclic structure contributes to enhanced rigidity in polymer chains, making it suitable for high-performance coatings, adhesives, and elastomers. It is also employed in the development of functionalized polymers for biomedical applications, including drug delivery systems and biocompatible surfaces. Additionally, its reactivity allows for derivatization in agrochemicals and pharmaceuticals, where structural complexity and stability are required.