This chemical is widely used in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). It plays a crucial role in the production of certain medications, particularly those targeting cardiovascular and central nervous system disorders. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic effects. In the agrochemical sector, it serves as a key component in the formulation of pesticides and herbicides, contributing to crop protection and yield improvement. Its versatility also extends to the field of material science, where it is employed in the development of advanced polymers and coatings with enhanced durability and performance.