Used primarily as an intermediate in the synthesis of various chemical compounds, particularly in the production of agrochemicals and pharmaceuticals. It is employed in the manufacture of herbicides and pesticides, where it acts as a key building block for active ingredients. Additionally, it is utilized in the development of specialty chemicals, including coatings, adhesives, and elastomers, where it contributes to the formation of polyurethane-based materials. Its reactivity with amines and alcohols makes it valuable in creating polymers and resins with specific properties, such as durability and chemical resistance.