This chemical is primarily used as an intermediate in the synthesis of various pharmaceutical compounds. It plays a role in the production of drugs that target the central nervous system, particularly those used in the treatment of neurological disorders. Additionally, it is utilized in the development of surfactants and emulsifiers, which are essential in the formulation of personal care products like shampoos, lotions, and cosmetics. Its properties also make it suitable for use in industrial applications, such as in the creation of specialty chemicals and coatings.