Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays a crucial role in the production of herbicides and fungicides. Its structure allows for the development of active ingredients that target specific pests and diseases, enhancing crop protection. Additionally, it is employed in the creation of dyes and pigments, contributing to the coloration of various materials. In pharmaceutical research, it serves as a building block for developing compounds with potential therapeutic effects, particularly in the treatment of infections and other medical conditions. Its versatility makes it valuable in industrial and scientific applications.