Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for treating various medical conditions. It plays a crucial role in organic synthesis, enabling the creation of complex molecules with high precision. Additionally, it is employed in the development of specialty chemicals, including agrochemicals and dyes, where its reactivity and stability are highly valued. In research, it serves as a building block for exploring new chemical reactions and developing innovative materials. Its versatility makes it a valuable component in industrial and laboratory settings.