This chemical is primarily used in the field of organic synthesis as a key intermediate for the development of various biologically active compounds. It plays a significant role in the synthesis of agrochemicals, particularly in the creation of herbicides and pesticides, due to its ability to inhibit specific enzymes or pathways in target organisms. Additionally, it is utilized in pharmaceutical research for designing and developing new drug candidates, especially those targeting neurological disorders or inflammatory conditions. Its structural properties make it a valuable component in the study of structure-activity relationships (SAR) for optimizing the efficacy of therapeutic agents.