Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays a crucial role in the development of herbicides and pesticides. Its structure allows it to act as a key building block in creating molecules that target specific biological pathways in pests or weeds. Additionally, it is utilized in research settings for the preparation of more complex chemical entities, particularly those involving fluorine chemistry, which is valuable in drug design due to the unique properties fluorine imparts to molecules.