This chemical is primarily used as an intermediate in the synthesis of various pharmaceutical compounds. It plays a role in the production of active pharmaceutical ingredients (APIs) that are utilized in medications targeting neurological and cardiovascular conditions. Additionally, it is employed in the development of agrochemicals, particularly in the formulation of pesticides and herbicides, where it contributes to enhancing their efficacy. In the field of organic chemistry, it serves as a building block for the creation of complex molecules during research and development processes. Its application extends to the production of specialty chemicals used in industrial processes, including coatings and adhesives, where it acts as a modifier to improve product performance.