This compound is primarily used as a chemical intermediate in the synthesis of various pharmaceuticals and organic compounds. Its structure, featuring both an amino group and a dioxolane ring, makes it valuable in creating biologically active molecules. It is often employed in the development of drugs targeting neurological disorders due to its ability to cross the blood-brain barrier. Additionally, it serves as a building block in the production of polymers and coatings, where its functional groups enhance adhesion and stability. In research, it is utilized for modifying peptides and proteins to study their interactions and functions. Its versatility also extends to agrochemicals, where it contributes to the formulation of more effective pesticides and herbicides.