Used primarily as an intermediate in organic synthesis, it plays a key role in the production of various pharmaceuticals and agrochemicals. Its structure allows it to act as a building block for more complex molecules, particularly in the creation of specialty chemicals. Additionally, it is employed in the synthesis of quaternary ammonium compounds, which are widely used as surfactants, disinfectants, and fabric softeners. In research, it serves as a reagent for alkylation reactions, aiding in the development of new compounds with potential industrial or medicinal applications. Its stability and reactivity make it a valuable component in laboratory settings for experimental and developmental purposes.