Primarily utilized in the synthesis of various pharmaceutical compounds, this chemical serves as a key intermediate in the production of drugs targeting cardiovascular and neurological disorders. Its structural properties make it valuable in creating molecules that interact with specific receptors in the body, enhancing therapeutic efficacy. Additionally, it is employed in the development of agrochemicals, contributing to the formulation of pesticides and herbicides that protect crops from pests and diseases. In the field of organic chemistry, it is used as a building block for complex organic synthesis, aiding in the creation of novel compounds with potential industrial and research applications.