Used primarily in the synthesis of complex organic compounds, this chemical serves as a key intermediate in the production of agrochemicals and pharmaceuticals. Its unique structure allows for the development of active ingredients in herbicides and fungicides, targeting specific pathways in weeds and fungi. Additionally, it plays a role in the creation of dyes and pigments, contributing to vibrant and stable colorants for industrial applications. Its reactivity with other compounds makes it valuable in research and development for advanced material science, particularly in the design of novel polymers and coatings.