Used in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of heterocyclic compounds, which are often employed in the development of drugs targeting neurological and cardiovascular diseases. Additionally, it serves as a precursor in the manufacture of dyes and pigments, contributing to the coloration of textiles and plastics. Its reactivity with amines and other nucleophiles makes it a versatile reagent in the creation of complex organic molecules.