This chemical is widely used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various compounds, including those with potential anti-inflammatory, analgesic, and antimicrobial properties. Its structure allows for further functionalization, making it valuable in organic synthesis and drug discovery. Additionally, it is employed in the manufacture of agrochemicals, where it contributes to the development of pesticides and herbicides. Its stability and reactivity make it a versatile building block in chemical research and industrial applications.