This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is employed in the creation of fine chemicals used in research and industrial applications. Its structural properties make it suitable for use in the preparation of complex molecules, including those with potential antioxidant or antimicrobial activities. In the agrochemical sector, it contributes to the formulation of pesticides or herbicides designed to enhance crop protection. Its versatility in chemical reactions also makes it valuable in material science for developing advanced polymers or coatings.