This chemical is widely used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key building block for the preparation of various biologically active compounds, including those with potential therapeutic properties. In the agrochemical industry, it is utilized in the synthesis of pesticides and herbicides, contributing to the development of effective crop protection solutions. The compound’s versatility in chemical reactions makes it valuable in research and industrial applications, where it aids in the creation of complex molecules with specific functionalities.