Primarily used in the synthesis of pharmaceutical compounds, it serves as a key intermediate in the production of drugs targeting neurological and cardiovascular conditions. Its structure allows it to act as a building block for creating molecules that interact with specific receptors in the body, enhancing therapeutic efficacy. Additionally, it is utilized in the development of agrochemicals, contributing to the formulation of pesticides and herbicides that protect crops from pests and diseases. In material science, it finds application in the creation of specialty polymers and coatings, improving durability and performance in various industrial products. Its versatility makes it valuable in research and development across multiple sectors.