This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and crop protection agents. Its structure allows for further functionalization, making it valuable in the development of molecules with specific biological activities. Additionally, it is employed in research and development for creating novel chemical entities with potential therapeutic or pesticidal properties. Its applications are often centered around its role in facilitating complex organic transformations and enhancing the efficiency of synthetic pathways.