Used primarily as an intermediate in organic synthesis, it plays a key role in the production of various pharmaceuticals and agrochemicals. Its structure allows it to act as a building block for more complex molecules, particularly in the development of drugs that target neurological and cardiovascular systems. Additionally, it is utilized in the creation of surfactants and emulsifiers, which are essential in formulations for personal care products and industrial cleaners. Its ether and amine functional groups make it versatile for chemical modifications, enhancing its applicability in specialized chemical reactions.