Used primarily as a key intermediate in the synthesis of various organic compounds, particularly in the production of pharmaceuticals and agrochemicals. It is employed in the creation of urethane derivatives, which are essential in developing coatings, adhesives, and elastomers with enhanced durability and performance. Additionally, it plays a role in the manufacturing of specialty chemicals, including those used in the formulation of pesticides and herbicides, contributing to improved crop protection. Its reactivity with amines and alcohols makes it valuable in organic synthesis, enabling the production of complex molecules for research and industrial applications.