Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of compounds targeting neurological disorders, including inhibitors for specific enzymes or receptors in the central nervous system. Additionally, it finds application in the preparation of agrochemicals, where it contributes to the development of novel pesticides or herbicides. In material science, it is employed in the synthesis of advanced polymers and coatings, enhancing properties such as durability and chemical resistance. Its versatility also extends to organic synthesis, where it acts as a building block for complex molecules in academic and industrial research.