Used primarily as an intermediate in the synthesis of herbicides, this compound plays a crucial role in agricultural chemistry. It is involved in the production of selective herbicides that target broadleaf weeds in cereal crops, enhancing crop yield and quality. Additionally, it finds application in research and development for creating new agrochemical formulations with improved efficacy and environmental safety. Its derivatives are also explored for potential use in pharmaceutical research, particularly in the development of anti-inflammatory and antimicrobial agents.