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 pharmaceutical ingredients (APIs) that target specific biological pathways. Its structure is advantageous in creating molecules with potential anti-inflammatory, antimicrobial, or antioxidant properties. Additionally, it finds application in the research and development of novel therapeutic agents, contributing to advancements in medicinal chemistry. In agrochemicals, it may be used to formulate compounds that enhance crop protection or improve plant health. Its versatility in chemical reactions makes it valuable for creating complex molecular architectures in both industrial and academic settings.