Primarily utilized in the synthesis of pharmaceutical intermediates, it plays a crucial role in the development of various medicinal compounds. It is also employed in organic chemistry research for the preparation of hydrazide derivatives, which are essential in studying chemical reactions and mechanisms. Additionally, it finds application in the production of agrochemicals, contributing to the formulation of pesticides and herbicides that enhance crop protection. Its use in material science includes the creation of specialized polymers and coatings with unique properties.