Used primarily in the synthesis of pharmaceuticals and agrochemicals, it serves as a key intermediate in the production of various compounds. It is particularly valuable in the development of active ingredients for drugs and pesticides due to its reactive isocyanate group, which facilitates the formation of urethane and urea derivatives. Additionally, it finds application in the manufacture of specialty polymers and coatings, where it enhances durability and chemical resistance. Its role in organic synthesis is critical for creating complex molecules with specific functional properties.