This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and analgesic drugs. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific enzymes or receptors involved in pain and inflammation pathways. Additionally, it is employed in research settings for the development of novel therapeutic agents, particularly in the field of medicinal chemistry, and in agrochemical research for high-efficiency pesticides or fungicides. Its structural properties, featuring diverse functional groups, make it a valuable building block for designing molecules with potential biological activity. It is also used in laboratory settings to study chemical reactions and mechanisms.