This chemical is primarily used as an intermediate in the synthesis of various pharmaceutical compounds. It plays a crucial role in the production of antihistamines and other therapeutic agents due to its structural properties, which allow it to interact effectively with biological targets. Additionally, it is utilized in the development of surfactants and emulsifiers, contributing to the formulation of industrial and household cleaning products. Its ability to act as a solvent or stabilizer in certain chemical reactions makes it valuable in research and manufacturing processes.