This chemical is primarily utilized as a key intermediate in the synthesis of various agricultural chemicals, particularly herbicides. It plays a crucial role in the production of compounds that target unwanted vegetation in crops, enhancing agricultural efficiency. Additionally, it is employed in the development of certain pharmaceutical products, where it contributes to the creation of active ingredients for medicinal formulations. Its unique structure allows it to act as a building block in organic synthesis, facilitating the creation of complex molecules used in diverse industrial applications.