This compound is primarily utilized in the synthesis of various organic compounds, particularly in pharmaceutical and agrochemical research. It serves as an intermediate in the production of herbicides and pesticides, contributing to the development of effective crop protection agents. Additionally, it is employed in the preparation of active pharmaceutical ingredients (APIs) for medicinal drugs, where it plays a role in creating molecules with specific biological activities. Its chemical structure allows it to act as a building block in organic synthesis, enabling the creation of complex molecules for diverse industrial applications.