This chemical is primarily utilized in the synthesis of advanced pharmaceutical compounds, particularly in the development of agrochemicals and herbicides. It serves as a key intermediate in the production of active ingredients that target specific enzymes or biological pathways in pests or weeds, enhancing crop protection. Additionally, it is employed in organic synthesis for creating complex molecules with potential applications in medicinal chemistry, such as drug candidates for treating various diseases. Its unique structure allows for precise modifications, making it valuable in research and industrial settings for developing innovative chemical solutions.