This compound is primarily utilized in the synthesis of various organic intermediates, particularly in the pharmaceutical and agrochemical industries. It serves as a key building block for the development of active pharmaceutical ingredients (APIs) and pesticides. Its structure is often leveraged in the creation of compounds with potential biological activity, such as anti-inflammatory, antimicrobial, or antifungal agents. Additionally, it is employed in research and development for designing novel molecules with specific target interactions, contributing to advancements in drug discovery and crop protection.