This chemical is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific biological pathways. In the agrochemical industry, it is used to develop pesticides and herbicides that help protect crops from pests and weeds. Additionally, it finds application in the creation of fine chemicals and specialty compounds used in research and development. Its role in these industries underscores its importance in advancing both medical and agricultural sciences.