This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceutical intermediates. Its structure makes it a valuable building block in the production of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is employed in research and development for creating novel compounds with potential therapeutic applications, such as antimicrobial or antifungal agents. It is also studied for applications in the production of pesticides to improve efficacy in controlling plant diseases and pests. Its role in organic synthesis underscores its importance in advancing both pharmaceutical and agrochemical industries.