Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It plays a crucial role in the development of active pharmaceutical ingredients (APIs), particularly in the production of compounds with potential therapeutic effects. Its incorporation into drug molecules can enhance their biological activity or modify their pharmacokinetic properties. Additionally, it is utilized in the preparation of dyes and pigments, contributing to the color and stability of these materials. In research, it serves as a building block for the creation of complex organic molecules, aiding in the exploration of new chemical reactions and pathways.