Used primarily as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. It serves as a building block in the production of active ingredients for medications, particularly in the development of antihistamines and antifungal agents. In the agrochemical industry, it is utilized in the formulation of pesticides and herbicides. Additionally, it finds application in organic synthesis for creating specialty chemicals and fine chemicals. Its role in these processes is crucial due to its ability to introduce specific functional groups into complex molecules, enhancing their efficacy and stability.