This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical compounds. It is often employed in the development of pharmaceuticals, where it serves as a building block for active pharmaceutical ingredients (APIs). Additionally, it finds application in the agrochemical industry for the synthesis of pesticides and herbicides, contributing to crop protection and pest management. Its role in material science includes its use in the creation of specialty chemicals and polymers, where it aids in modifying material properties for specific industrial applications.