Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays a crucial role in the development of herbicides and insecticides. Its structure allows for the creation of active ingredients that target specific pests or weeds, enhancing crop protection. Additionally, it is employed in the production of certain pharmaceutical compounds, where its chemical properties contribute to the formation of active pharmaceutical ingredients (APIs) with desired biological activities. Its versatility in organic synthesis makes it valuable for researchers and manufacturers in the chemical industry.