Used primarily in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. Its structure allows it to act as a building block for the development of drugs, particularly those targeting central nervous system disorders and infectious diseases. In agrochemicals, it contributes to the creation of herbicides and pesticides, enhancing their efficacy and selectivity. Additionally, it finds application in material science for the production of specialty chemicals and advanced polymers, where its unique properties improve material performance and durability.