This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various agrochemicals and pharmaceuticals. Its unique structure allows it to be a building block for compounds that exhibit herbicidal and pesticidal activities, making it valuable in crop protection. Additionally, it is employed in the development of novel therapeutic agents, particularly in the synthesis of molecules with potential anti-inflammatory and antimicrobial properties. Its role in research and development is significant, as it aids in the discovery of new chemical entities with diverse biological activities.