This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target the central nervous system, particularly those used in the treatment of neurological disorders. Its structure allows it to act as a building block for creating molecules with specific pharmacological activities, such as antispasmodics or anxiolytics. Additionally, it finds application in the development of agrochemicals, where it contributes to the formulation of pesticides or herbicides. Its versatility in organic synthesis also makes it valuable in research and development for creating novel compounds with potential therapeutic or industrial uses.