This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting inflammatory and pain-related conditions. It serves as a key intermediate in the production of nonsteroidal anti-inflammatory drugs (NSAIDs), where its structure contributes to the enhancement of drug efficacy and selectivity. Additionally, it is employed in the development of agrochemicals, specifically in the creation of herbicides and fungicides, due to its ability to inhibit specific enzymes or pathways in target organisms. Its unique properties also make it valuable in organic synthesis for constructing complex molecules in research and industrial applications.