This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting infectious diseases and inflammation. It serves as a key intermediate in the development of drugs that inhibit specific enzymes or pathways involved in these conditions. Additionally, it is employed in agrochemical research for creating novel pesticides or herbicides, leveraging its structural properties to enhance efficacy and selectivity. Its role in organic synthesis also extends to the production of fine chemicals and specialty materials, where its unique functional groups enable the construction of complex molecules.