This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting the central nervous system. It serves as a key intermediate in the production of histamine H3 receptor antagonists, which are explored for their potential in treating neurological disorders such as Alzheimer's disease, ADHD, and sleep disorders. Additionally, it is employed in the development of antifungal and antibacterial agents, contributing to the creation of new therapeutic options for combating microbial infections. Its role in organic synthesis also extends to the preparation of specialized polymers and catalysts used in industrial chemical processes.