This chemical is primarily utilized in the pharmaceutical and agrochemical industries due to its role as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it is often employed in the development of antifungal and antimicrobial agents, contributing to the formulation of medications that target fungal infections and microbial growth. Its structural properties make it a valuable building block for creating molecules with specific biological activities. In agrochemicals, it is used in the production of pesticides and herbicides, helping to protect crops from pests and diseases. Additionally, it may find applications in research and development for designing novel compounds with potential therapeutic or agricultural benefits.