This chemical is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs), particularly in the development of herbicides and fungicides. Its structure allows for further functionalization, making it valuable in creating compounds with specific biological activities. Additionally, it is employed in research and development for designing novel molecules with potential therapeutic or agricultural applications. Its role in organic synthesis is crucial for constructing complex chemical structures in a controlled and efficient manner.