Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. In pharmaceuticals, it is utilized to develop molecules with potential therapeutic properties, particularly in the creation of drugs targeting neurological and cardiovascular diseases. In agrochemicals, it plays a role in formulating pesticides and herbicides, contributing to crop protection by enhancing the efficacy of these products. Its unique structure allows for modifications that improve the stability and activity of the final compounds.