This chemical is primarily utilized in the synthesis of various pharmaceutical compounds due to its versatile structure. It serves as a key intermediate in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is employed in the production of agrochemicals, particularly in creating herbicides and pesticides that are effective against a broad spectrum of weeds and pests. Its dicarboxylic acid groups make it a valuable building block in organic synthesis, enabling the creation of complex molecules with specific biological activities. Furthermore, it finds application in material science, where it is used to modify polymers and enhance their properties, such as thermal stability and mechanical strength.