This chemical is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of biologically active compounds. It is particularly valuable in the creation of molecules targeting central nervous system disorders, such as anxiety and depression, due to its structural compatibility with neurotransmitter receptors. Additionally, it serves as a building block in the production of agrochemicals, specifically in the development of herbicides and pesticides, where its unique structure enhances the efficacy of active ingredients. Its application in organic synthesis also extends to material science, where it contributes to the development of advanced polymers and specialty chemicals.