Used primarily as an intermediate in the synthesis of various organic compounds, including pharmaceuticals and agrochemicals. It serves as a building block in the production of quaternary ammonium compounds, which are utilized as surfactants, disinfectants, and fabric softeners. Additionally, it finds application in the development of corrosion inhibitors, particularly in industrial settings to protect metal surfaces. Its role in the creation of specialty chemicals for coatings and adhesives is also notable, contributing to enhanced performance and durability in these products.