Used primarily in the synthesis of various chemical compounds, it serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and polymers. In the pharmaceutical industry, it is employed to create active ingredients for medications, particularly those targeting specific biological pathways. In agrochemicals, it contributes to the development of pesticides and herbicides, enhancing crop protection. Additionally, it is utilized in the manufacture of polyurethane foams and coatings, providing durability and resistance to environmental factors. Its reactivity with amines and alcohols makes it valuable in creating urethane and urea derivatives, which are essential in various industrial applications.