Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for the preparation of various amine derivatives due to its reactivity in alkylation and acylation reactions. Employed in the synthesis of dyes and rubber chemicals, contributing to vulcanization acceleration in rubber manufacturing. Acts as a corrosion inhibitor in industrial formulations and is utilized in the development of specialty surfactants and lubricant additives. Its derivative compounds find use in the manufacture of certain local anesthetics and biologically active molecules.