This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. It plays a crucial role in the production of active pharmaceutical ingredients (APIs) and is often involved in reactions to create compounds with specific biological activities. Additionally, it is utilized in the development of herbicides and pesticides, contributing to the formulation of products that control weeds and pests in agricultural settings. Its structure allows for further functionalization, making it a versatile building block in organic synthesis.