Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals. It plays a key role in the production of herbicides, particularly those targeting broadleaf weeds in crops. Additionally, it is utilized in the development of active ingredients for fungicides, contributing to crop protection and yield improvement. In the pharmaceutical industry, it serves as a building block for creating compounds with potential therapeutic applications, such as anti-inflammatory and antimicrobial agents. Its unique structure allows for modifications that enhance the efficacy and specificity of the final products.