This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique structure allows it to act as a building block for the development of compounds with potential biological activity. Additionally, it is employed in research settings to study phosphorous-containing heterocycles, which are of interest due to their diverse chemical properties and applications in medicinal chemistry. The hydrochloride form enhances its stability and solubility, making it easier to handle and incorporate into synthetic processes.