This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and organic compounds. It plays a key role in the production of drugs targeting neurological and cardiovascular conditions due to its structural properties. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic applications. Its sulfonic acid group also makes it useful in the preparation of surfactants and detergents, contributing to their solubility and stability. In industrial settings, it may be employed in the formulation of specialty chemicals for diverse applications.