Used primarily in the synthesis of various organic compounds, it serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals. Its reactive isocyanate group enables it to form urethanes, ureas, and other derivatives, which are essential in creating polymers, coatings, and adhesives. Additionally, it is employed in the development of biologically active molecules, contributing to research in medicinal chemistry and drug discovery. Its versatility also extends to the manufacturing of dyes and pigments, where it aids in modifying color properties and enhancing stability.