Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of fungicides and herbicides, where it contributes to the active ingredients that target specific pests or diseases. Additionally, it plays a role in the synthesis of complex organic molecules, aiding in the creation of compounds with potential therapeutic applications. Its reactivity and stability make it a versatile building block in chemical research and industrial processes.