Used extensively in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the production of drugs that target specific diseases, including those related to the central nervous system and cardiovascular health. Additionally, it is employed in research and development for creating novel therapeutic compounds, aiding in the discovery of new treatments. Its versatility also extends to the agrochemical sector, where it is utilized in the formulation of pesticides and herbicides, contributing to improved crop protection and agricultural productivity. In material science, it serves as a building block for advanced polymers and coatings, enhancing durability and performance in industrial applications.