This chemical is primarily used as an intermediate in the synthesis of organophosphorus compounds, which are widely applied in agriculture as pesticides and herbicides. Its structure allows it to act as a precursor in the development of compounds that target and inhibit specific enzymes in pests, effectively controlling their populations. Additionally, it finds utility in the field of medicinal chemistry, where it serves as a building block for designing molecules with potential therapeutic properties. Its role in research and development is crucial for advancing innovations in crop protection and pharmaceutical formulations.