Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays a key role in the production of herbicides and fungicides. Its structure allows for further chemical modifications, making it valuable in creating active ingredients that target specific pests or diseases. Additionally, it is utilized in organic synthesis for developing complex molecules, particularly in the field of medicinal chemistry, where it contributes to the creation of compounds with potential therapeutic effects. Its reactivity with nucleophiles also makes it suitable for constructing heterocyclic compounds, which are important in drug discovery and development.