Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of herbicides and fungicides, where its structure aids in the development of compounds that target specific plant pathogens. Additionally, it is employed in the creation of inhibitors and bioactive molecules, contributing to advancements in medicinal chemistry. Its role in facilitating the formation of complex organic structures makes it a crucial component in research and industrial applications.