Used primarily in organic synthesis, it serves as a versatile intermediate in the production of various pharmaceuticals and agrochemicals. Its role in the synthesis of carbamate pesticides is particularly notable, where it contributes to the development of compounds that effectively control pests in agricultural settings. Additionally, it finds application in the preparation of certain polymer materials, where it acts as a building block for creating specialized resins and coatings. Its utility in research and development also extends to the study of reaction mechanisms and the exploration of new chemical pathways.