Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of analgesic and anti-inflammatory drugs. It serves as a building block in the development of central nervous system (CNS) agents due to its structural similarity to biologically active piperidine derivatives. Also employed in the preparation of agrochemicals and specialty polymers where amine functionality and heterocyclic stability are required. Its reactivity allows for easy modification in multi-step organic syntheses, making it valuable in medicinal chemistry research and development.