This compound is primarily used in organic synthesis as a reagent for the preparation of various chemical intermediates. It is particularly valuable in the synthesis of hydroxylamine derivatives, which are essential in the development of pharmaceuticals and agrochemicals. The compound's ability to introduce hydroxylamine groups into molecules makes it useful in creating compounds with potential biological activity. Additionally, it can be employed in the modification of polymers and other materials to impart specific chemical properties. Its application in research and development is significant for exploring new chemical entities and their potential uses in medicine and industry.