Used as an important intermediate in the synthesis of agrochemicals, particularly herbicides and insecticides. Its structure allows for selective substitution reactions, making it valuable in creating active ingredients that target specific pests while minimizing environmental impact. Also employed in pharmaceutical research for developing bioactive molecules, especially those involving nitrogen-containing heterocycles. Commonly utilized in cross-coupling reactions such as Suzuki and Heck reactions to build complex organic molecules. Preferred in fine chemical manufacturing due to its reactivity and stability under various reaction conditions.