Used primarily in organic synthesis, it serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and dyes. It is employed in the synthesis of various compounds, including benzodiazepines and other active pharmaceutical ingredients. Additionally, it is utilized in the manufacture of herbicides and insecticides, contributing to crop protection. Its reactivity with amines and alcohols makes it valuable for creating esters and amides, which are essential in polymer and resin production. The compound is also applied in research and development for designing new chemical entities with potential therapeutic or industrial uses.