Used primarily in the production of polymers and resins, this compound acts as a curing agent for epoxy resins, enhancing their mechanical and thermal properties. It is also employed in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. Additionally, it serves as a key intermediate in the manufacture of corrosion inhibitors, which are applied in industrial settings to protect metal surfaces. Its chelating properties make it useful in water treatment processes, where it helps in the removal of heavy metals from wastewater.