This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key building block in the production of active compounds, particularly in the development of drugs targeting specific biological pathways. Its structure allows for further chemical modifications, making it valuable in creating molecules with potential therapeutic properties. Additionally, it is utilized in research and development for designing and testing new chemical entities with applications in medicine and agriculture. Its role in these industries highlights its importance in advancing innovative solutions for health and crop protection.