Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. In pharmaceuticals, it is utilized to develop drugs targeting neurological disorders and metabolic diseases due to its structural properties that enable effective binding to specific biological targets.

In agrochemicals, it contributes to the creation of pesticides and herbicides, where its chemical structure enhances the efficacy of formulations in controlling pests and weeds.

Additionally, it is employed in research and development for designing novel compounds with potential therapeutic or agricultural applications.