Used primarily in the synthesis of various organic compounds, this chemical serves as a key intermediate in the production of herbicides and pesticides. Its reactive nature allows it to form bonds with other molecules, making it valuable in creating specialized agrochemicals that target specific pests or weeds. Additionally, it is employed in the development of dyes and pigments, where its structure contributes to the stability and color properties of the final product. In pharmaceutical research, it is utilized to modify or create new drug molecules, enhancing their efficacy or altering their biological activity. Its applications also extend to the field of material science, where it is used in the synthesis of polymers and resins with specific chemical and physical properties.