This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it serves as a building block for the development of compounds with potential therapeutic effects, particularly in the creation of drugs targeting central nervous system disorders or inflammatory conditions. Its unique structure allows for the introduction of specific functional groups that enhance biological activity. In agrochemicals, it is employed in the production of pesticides or herbicides, where its chemical framework contributes to the efficacy of the final product in controlling pests or weeds. Its application is driven by the need for precise and efficient chemical synthesis in these fields.