Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. It serves as a key reagent in the formation of amidines and heterocyclic compounds, which are common structural motifs in bioactive molecules. Its reactivity allows for efficient coupling reactions with amines and other nucleophiles, making it valuable in the development of medicinal agents, including antiviral and anticancer compounds. Also employed in the synthesis of dyes and functional materials due to its ability to introduce benzimidate functionalities.