Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals. Its role is crucial in the development of compounds with potential therapeutic effects, particularly in the treatment of neurological disorders. Additionally, it finds application in the creation of specialty chemicals that are utilized in advanced material science, contributing to the enhancement of material properties for industrial use. Its versatility also extends to the agrochemical sector, where it aids in the formulation of pesticides and herbicides, improving crop protection and yield.