Used primarily in the synthesis of organic compounds, it serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting cardiovascular and central nervous system disorders. It is also employed in the manufacture of agrochemicals, including herbicides and pesticides, due to its ability to introduce specific functional groups into complex molecules. Additionally, it finds application in the synthesis of dyes and fragrances, where its unique structure contributes to the desired chemical properties and aromatic profiles. Its versatility in organic reactions makes it valuable in research and industrial chemistry for creating specialized compounds.