Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and fine chemicals. Its amine and ether functionalities make it suitable for use in catalysis and as a building block in the formation of nitrogen-containing heterocycles. It also finds application in the development of specialty solvents and in the synthesis of surface-active agents due to its polar, hydrophilic nature. In some cases, it is employed in the production of corrosion inhibitors and stabilizers for polymers and fuels.