Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as an intermediate in the production of various active ingredients. It plays a role in the development of antifungal and antibacterial agents, contributing to formulations that combat microbial infections. Additionally, it is utilized in research settings for studying chemical reactions and developing new organic compounds with potential therapeutic or agricultural benefits. Its applications also extend to the creation of specialized chemicals for industrial processes, where its structure aids in achieving specific reactivity or functionality.