Used primarily in organic synthesis, this compound serves as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of active ingredients for crop protection products, where it contributes to the efficacy of herbicides and insecticides. Additionally, it plays a role in the synthesis of complex molecules in medicinal chemistry, aiding in the creation of potential drug candidates for various therapeutic areas. Its stability and reactivity make it a useful building block in multi-step synthetic processes.