Used primarily as an intermediate in the synthesis of various pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. It plays a crucial role in the production of compounds that target specific enzymes or receptors involved in pain and inflammation pathways. Additionally, it is utilized in agrochemical research for creating novel pesticides and herbicides, contributing to enhanced crop protection and yield. Its unique structure allows for modifications that improve the efficacy and selectivity of these chemical agents.