This compound is primarily utilized in the synthesis of pharmaceutical intermediates and active pharmaceutical ingredients (APIs). It serves as a key building block in the development of various medicinal compounds, particularly those targeting central nervous system disorders and pain management. Its structure is often incorporated into molecules designed to interact with specific biological receptors, enhancing therapeutic efficacy. Additionally, it is employed in research settings for the development of novel drug candidates, where its unique chemical properties contribute to the optimization of pharmacological profiles. The compound is also used in the production of agrochemicals, aiding in the creation of pesticides and herbicides with improved activity and selectivity. Its role in organic synthesis extends to the preparation of dyes and pigments, where it imparts specific color properties and stability to the final products.