Used primarily in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of compounds with potential anti-inflammatory, analgesic, and antipyretic properties. Additionally, it is utilized in agrochemical research for creating novel herbicides and pesticides, owing to its ability to modify plant growth and protect crops from pests. In material science, it finds application in the development of advanced polymers and coatings, enhancing durability and chemical resistance. Its role in organic synthesis is also notable, as it facilitates the creation of complex molecules for various industrial applications.