Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals, particularly in the development of drugs targeting the central nervous system. Its structure is valuable in creating compounds with potential antibacterial and antifungal properties. Additionally, it serves as a building block in the synthesis of agrochemicals, contributing to the formulation of pesticides and herbicides. Its versatility in chemical reactions makes it a useful component in research and industrial applications focused on developing novel therapeutic agents and crop protection solutions.