It is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. In the pharmaceutical industry, it plays a key role in the production of active pharmaceutical ingredients (APIs) for medications, particularly those targeting specific diseases or conditions. In agrochemicals, it is utilized to develop herbicides, pesticides, and other crop protection agents, enhancing agricultural productivity. Its unique structure allows it to act as a building block in creating compounds with specific biological activities. Additionally, it is sometimes employed in dye manufacturing, contributing to the production of specialized dyes for textiles and other materials.