Used primarily in the synthesis of complex organic compounds, this chemical serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its structure allows for the creation of molecules with potential biological activity, making it valuable in drug discovery processes. Additionally, it is employed in the production of herbicides and insecticides, contributing to the control of pests and weeds in agricultural settings. The compound’s reactivity also makes it useful in research and development for creating novel chemical entities with specific properties.