Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of active ingredients for medications, where it contributes to the formation of complex molecular structures. Additionally, it finds application in the development of herbicides and pesticides, aiding in the creation of compounds that target specific pests or weeds. Its role in chemical research is also significant, as it is employed in the study of reaction mechanisms and the development of new synthetic pathways.