Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of various pharmaceuticals, dyes, and agrochemicals. Its application is significant in the development of active pharmaceutical ingredients (APIs), where it serves as a building block for more complex molecules. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic properties. In the dye industry, it contributes to the synthesis of specialized colorants. Its role in agrochemicals includes the formulation of pesticides and herbicides, enhancing their effectiveness and specificity.