This chemical is primarily used as an intermediate in the synthesis of various organic compounds. It plays a significant role in the production of pharmaceuticals, agrochemicals, and dyes. In the pharmaceutical industry, it is utilized to create active ingredients for medications, particularly those targeting specific therapeutic areas. In agrochemicals, it serves as a building block for the development of pesticides and herbicides, contributing to crop protection and agricultural productivity. Additionally, it is employed in the manufacture of dyes and pigments, enhancing color quality and stability in textiles and other materials. Its versatility in chemical reactions makes it a valuable component in industrial applications.