This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). Its structure allows it to serve as a key building block in the development of drugs targeting specific biological pathways. Additionally, it is employed in the research and development of agrochemicals, where it contributes to the creation of novel pesticides or herbicides. Its unique properties also make it useful in organic synthesis for constructing complex molecules in academic and industrial laboratories.