This chemical is primarily used as a catalyst or intermediate in organic synthesis, particularly in polymerization reactions. It facilitates the production of polyurethane foams and coatings, enhancing their properties like flexibility and durability. Additionally, it is employed in the manufacture of surfactants and corrosion inhibitors, where it improves the efficiency of these products. Its role in crosslinking agents for epoxy resins is also notable, converting to the stability and strength of the final materials. In some cases, it is utilized in the pharmaceutical industry for synthesizing specific compounds.