This chemical is primarily used as an intermediate in the synthesis of various pharmaceutical compounds. It plays a key role in the production of certain drugs, particularly those targeting antimicrobial and antifungal activities. Additionally, it is utilized in organic synthesis for creating complex molecules in research and industrial settings. Its unique structure allows it to act as a building block in the development of dyes and pigments, contributing to the colorant industry. In some cases, it is also employed in the preparation of agrochemicals, aiding in the formulation of pesticides or herbicides.