Used as a chemical intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the production of vitamin B3 (niacin) and related compounds. Acts as a ligand in coordination chemistry for metal-catalyzed reactions due to its strong basicity and steric hindrance. Employed as an acid scavenger in organic synthesis to neutralize acids formed during reactions. Also utilized in the preparation of dyes, corrosion inhibitors, and specialty solvents. Its hindered structure makes it suitable for controlling reactivity and selectivity in complex synthetic pathways.