Used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the preparation of sulfonamide derivatives, which are important in drug development for their antibacterial and anti-inflammatory properties. Additionally, it is utilized in the synthesis of organic compounds with potential applications in materials science, such as polymers and liquid crystals. Its role in cross-coupling reactions also makes it valuable in creating complex molecules for research and industrial purposes.