Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of active ingredients for herbicides and fungicides, helping to control unwanted plant growth and fungal infections in crops. Additionally, it is employed in the synthesis of complex molecules for medicinal chemistry, where its structure contributes to the creation of compounds with potential therapeutic properties. Its reactivity also makes it useful in the preparation of specialty chemicals and advanced materials.