This chemical is widely used as a building block in the synthesis of various pharmaceuticals, particularly in the development of drugs targeting the central nervous system. It serves as a key intermediate in the production of antihistamines, antipsychotics, and antidepressants. Additionally, it is utilized in the manufacture of corrosion inhibitors, which are essential in industrial applications to protect metal surfaces from degradation. Its role in the production of epoxy curing agents is also significant, enhancing the durability and performance of coatings and adhesives. Furthermore, it finds application in the creation of chelating agents, which are used in water treatment processes to remove heavy metals and other contaminants.