This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting central nervous system disorders. Its structure is often incorporated into molecules designed to interact with specific receptors or enzymes in the body, making it valuable for drug discovery efforts. Additionally, it is employed in the creation of agrochemicals, where it contributes to the development of new pesticides or herbicides with improved efficacy and selectivity. Its versatility in organic synthesis also makes it a useful building block for creating complex chemical structures in academic and industrial research.