Used primarily in research and development, this compound serves as a key intermediate in the synthesis of organophosphorus chemicals. It is particularly valuable in the study of enzyme inhibitors, where it helps in understanding the mechanisms of action for certain biological processes. Additionally, it finds application in the preparation of pesticides and herbicides, contributing to the development of more effective agricultural chemicals. Its role in the production of flame retardants is also noteworthy, aiding in enhancing the safety of various materials.