This chemical is primarily utilized in organic synthesis as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring both a carbamate and a hydroxyl group, makes it a valuable building block for the development of compounds with potential biological activity. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) where the tert-butyl group provides steric protection during reactions, and the hydroxyl group can be further functionalized. Additionally, it may be used in the preparation of dyes, pigments, or other specialty chemicals due to its aromatic and functionalized nature. Its application is particularly significant in research and development processes aimed at creating novel therapeutic agents or crop protection products.