This compound is primarily utilized in the synthesis of various pharmaceuticals and organic intermediates. Its structure serves as a key building block in the development of bioactive molecules, particularly in the creation of compounds with potential therapeutic properties. It is often employed in medicinal chemistry research to design and optimize drug candidates targeting specific biological pathways. Additionally, it finds application in the production of agrochemicals, where it contributes to the development of new pesticides or herbicides. Its versatility in chemical reactions makes it a valuable component in organic synthesis for constructing complex molecular frameworks.