Primarily used in research settings, 2-Aminoindane hydrochloride serves as a key intermediate in the synthesis of various pharmacologically active compounds. Its applications extend to the development of potential therapeutic agents, particularly in the study of neurological disorders. Researchers utilize it to explore its effects on neurotransmitter systems, aiding in the understanding of conditions like depression and anxiety. Additionally, it is employed in the creation of novel psychoactive substances for experimental purposes, contributing to advancements in medicinal chemistry and drug discovery.