Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antihistamines and other therapeutic agents. It is also employed in the manufacture of agrochemicals, where it serves as a building block for herbicides and pesticides. In industrial applications, it acts as a corrosion inhibitor and is utilized in the formulation of coatings and lubricants. Additionally, it finds use in organic synthesis as a ligand or catalyst in various chemical reactions, enhancing efficiency and selectivity.