This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active ingredients for medications targeting a range of conditions, including inflammation and microbial infections. Additionally, its structure is valuable in creating complex molecules for research in drug discovery and development. In agrochemical applications, it contributes to the formulation of pesticides and herbicides, enhancing their effectiveness in crop protection. Its versatility also extends to material science, where it is used in the synthesis of specialized polymers and coatings with unique properties.