Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. Its structure is particularly valuable in creating molecules with potential anti-inflammatory and analgesic properties. Additionally, it is employed in organic chemistry research for developing novel heterocyclic compounds, which are essential in medicinal chemistry for drug discovery and development. Its application extends to agrochemicals, where it contributes to the formulation of pesticides and herbicides, enhancing their efficacy and stability.