Used in the synthesis of phosphorus-containing compounds, it serves as a key precursor in the production of specialty chemicals. It is also employed in the development of flame retardants, where its phosphorus content enhances fire resistance in materials. Additionally, it plays a role in the creation of agrochemicals, contributing to the formulation of pesticides and fertilizers. In research, it is utilized for studying phosphorus-nitrogen chemistry, aiding in the discovery of novel compounds with potential industrial or pharmaceutical applications. Its reactivity makes it valuable in organic synthesis, particularly in constructing complex molecular structures.