This chemical is primarily used as an intermediate in the synthesis of various agrochemicals and pharmaceuticals. In the agricultural sector, it plays a crucial role in the production of herbicides and pesticides, contributing to effective crop protection. In the pharmaceutical industry, it is utilized in the development of active pharmaceutical ingredients (APIs) for drugs targeting specific medical conditions. Its unique structure allows for the creation of compounds with enhanced biological activity and stability, making it valuable in research and development processes. Additionally, it finds application in the synthesis of dyes and pigments, aiding in the production of colorants for industrial use.