Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for nitrogen-containing compounds due to its amine and acetal functional groups. Its reactivity allows for the formation of heterocycles and other complex molecules in drug development. Also employed in the synthesis of specialty polymers and coatings where controlled crosslinking or hydrolytic stability is required. The compound’s ability to act as a bifunctional reagent makes it valuable in designing molecules with tailored properties.