Used primarily in organic synthesis as a reagent or intermediate, it facilitates the production of various chemical compounds, including pharmaceuticals and agrochemicals. It is also employed in the preparation of corrosion inhibitors, which protect metal surfaces in industrial applications. Additionally, it serves as a catalyst or additive in polymerization processes, aiding in the creation of plastics and resins. Its role in research and development includes acting as a building block for more complex molecules in laboratory settings. Handle with care as it may cause skin and respiratory irritation.