Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs, particularly those targeting central nervous system disorders. It is also employed in the development of agrochemicals, contributing to the creation of pesticides and herbicides that enhance crop protection. In material science, it finds application in the manufacture of specialty polymers and coatings, offering improved durability and performance. Additionally, its role in organic synthesis is notable, where it facilitates the construction of complex molecules for research and industrial purposes.