This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it is often employed in the development of drugs targeting specific receptors or enzymes, particularly in the creation of kinase inhibitors used in cancer therapy. Its structure allows for the modification and optimization of drug candidates to enhance efficacy and selectivity. In agrochemicals, it serves as a building block for the production of herbicides and pesticides, contributing to the control of weeds and pests in agricultural practices. Additionally, it is used in research laboratories for the development of novel chemical entities with potential therapeutic or agricultural applications. Its versatility and reactivity make it a valuable component in organic synthesis and industrial chemistry.