This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active ingredients that exhibit biological activity, such as herbicides, fungicides, and other crop protection agents. Additionally, it is employed in the creation of dyes and pigments, contributing to the coloration of textiles and other materials. Its role in organic synthesis also extends to the preparation of fine chemicals used in research and industrial applications, where its unique structure facilitates the construction of complex molecules.