Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. It plays a role in the production of compounds with potential anti-inflammatory, antimicrobial, or anticancer properties. Additionally, it is employed in the preparation of agrochemicals, such as herbicides or pesticides, due to its structural versatility. Its incorporation into organic synthesis allows for the creation of complex molecules with specific biological activities. Researchers also utilize it in the development of dyes and pigments for industrial applications.