This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and other fine chemicals. Its structure allows for further functionalization, making it valuable in the development of herbicides, fungicides, and other crop protection agents. Additionally, it is employed in research and development for creating novel compounds with potential biological activity. Its role in organic synthesis underscores its importance in advancing chemical innovation and industrial applications.