Used primarily in the production of various chemicals, it serves as a key intermediate in the synthesis of herbicides, pharmaceuticals, and dyes. In the agricultural sector, it is utilized to create compounds that protect crops from weeds and pests. In the pharmaceutical industry, it plays a role in the manufacture of certain drugs, including those used for treating infections and other medical conditions. Additionally, it is employed in the production of rubber accelerators and corrosion inhibitors, enhancing the durability and performance of industrial materials. Its versatility makes it valuable across multiple industries.