Used primarily in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of active compounds. It serves as a building block for the development of drugs targeting various diseases, including anti-inflammatory and antimicrobial agents. In agrochemicals, it is utilized in the creation of herbicides and fungicides to protect crops from pests and diseases. Its unique structure allows for modifications that enhance the efficacy and specificity of the final products. Additionally, it finds applications in research and development for exploring new chemical entities with potential therapeutic or agricultural benefits.