This chemical is primarily used in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it serves as a building block for the development of potential drugs, particularly those targeting neurological disorders or infections, due to its structural properties that can interact with biological systems. In agrochemicals, it is utilized in the creation of pesticides or herbicides, where its specific chemical structure helps in targeting pests or weeds effectively. Additionally, it may be employed in research and development for the design of novel molecules with specific biological activities.