This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the creation of complex molecules, particularly those involving amide or ester functional groups. Its application extends to the development of active pharmaceutical ingredients (APIs) where it contributes to the synthesis of compounds with potential therapeutic properties. Additionally, it is utilized in research laboratories for the study of chemical reactions and the development of novel synthetic pathways. Its versatility makes it valuable in the fine chemical industry for creating specialized compounds with specific biological or chemical activities.