This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of drugs that modulate neurotransmitter activity, offering potential therapeutic benefits for conditions like anxiety, depression, and epilepsy. Additionally, its structure is valuable in the development of agrochemicals, where it contributes to the creation of pesticides and herbicides with enhanced efficacy. In research, it is employed to explore novel chemical pathways and to develop innovative compounds with specific biological activities. Its versatility in organic synthesis makes it a crucial component in the advancement of both medicinal and industrial chemistry.