This chemical is primarily utilized in the synthesis of agrochemicals, particularly in the development of pesticides and herbicides. Its structure is effective in targeting specific pests and weeds, making it a valuable intermediate in crop protection products. Additionally, it finds application in pharmaceutical research, where it serves as a building block for the development of bioactive compounds, including potential drugs with anti-inflammatory or antimicrobial properties. Its versatility in chemical reactions allows for modifications to enhance efficacy and specificity in various formulations.