This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active ingredients for drugs targeting neurological disorders, due to its structural properties that enable interaction with specific receptors in the brain. Additionally, it is employed in the creation of pesticides and herbicides, where its chemical structure contributes to the effectiveness of these products in controlling pests and weeds. Its role in research and development is also significant, as it aids in the study of chemical reactions and the design of new molecules with potential industrial applications.