Used primarily in the synthesis of various agrochemicals and pharmaceuticals, this compound acts as a key intermediate in the production of herbicides, fungicides, and insecticides. It is also employed in the development of polyurethane foams and coatings, where it contributes to enhanced durability and chemical resistance. In the pharmaceutical industry, it serves as a building block for creating active pharmaceutical ingredients (APIs) with specific biological activities. Additionally, it finds application in research and development for creating novel compounds with potential therapeutic properties.