Used primarily as an intermediate in the synthesis of various organic compounds, this chemical plays a crucial role in the production of agrochemicals and pharmaceuticals. It is particularly valuable in the development of pesticides and herbicides, where its structure contributes to the effectiveness of the final product. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic applications, particularly in the field of medicinal chemistry. Its unique structure allows for modifications that can lead to the discovery of new drugs or bioactive molecules.