This chemical is widely used in organic synthesis as a building block for the preparation of various compounds, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key intermediate in the synthesis of active pharmaceutical ingredients (APIs) and other biologically active molecules. Additionally, it is employed in the development of corrosion inhibitors, which are essential in protecting metal surfaces in industrial applications. Its role as a crosslinking agent is also notable in the production of polymers and resins, enhancing their mechanical and thermal properties. Furthermore, it finds application in the preparation of surfactants and emulsifiers, which are crucial in formulations for personal care products, detergents, and industrial cleaning agents.