Used primarily in organic synthesis as a building block for the creation of various chemical compounds. It serves as a precursor in the production of polymers, particularly polyamides, which are essential in manufacturing fibers, plastics, and coatings. In pharmaceutical research, it is utilized to develop drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it finds application in the preparation of corrosion inhibitors, which are crucial in protecting metal surfaces in industrial settings. Its role in the synthesis of chelating agents is also notable, aiding in metal ion sequestration in water treatment and analytical chemistry processes.