This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of certain active pharmaceutical ingredients (APIs), particularly those used in anti-inflammatory and analgesic medications. Additionally, it is employed in the development of agrochemicals, where it contributes to the creation of herbicides and pesticides. Its unique structure allows it to act as a building block in organic synthesis, enabling the formation of complex molecules with specific biological activities. Researchers also explore its potential in material science, particularly in the design of advanced polymers and coatings with enhanced properties.