Used primarily as a reagent in organic synthesis, it facilitates the formation of complex molecules, particularly in the development of pharmaceuticals. It is also employed in the production of agrochemicals, where it acts as a key intermediate in creating compounds that enhance crop protection. Additionally, it finds use in material science for modifying polymers to improve their properties, such as durability and resistance to environmental factors. Its role in catalysis is notable, aiding in accelerating chemical reactions efficiently.