Used as an important starting material in the synthesis of polyurethane materials, aiding in the formation of flexible foams, coatings, and adhesives widely used in the automotive, construction, and furniture industries. Additionally, it plays a role in producing specialty polymers requiring specific mechanical and thermal properties. Applications extend to developing biocompatible materials for medical devices, enhancing durability and performance. In research, it serves as a basic building block for creating new compounds with potential pharmaceutical or industrial applications.