This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it serves as a building block for the development of active pharmaceutical ingredients (APIs), particularly in the creation of drugs targeting neurological and metabolic disorders. Its structural properties make it valuable for designing molecules with specific biological activities. In agrochemicals, it is employed in the production of pesticides and herbicides, where its chemical framework contributes to the efficacy of these products in controlling pests and weeds. Additionally, it is used in research and development for exploring new chemical entities with potential therapeutic or agricultural applications.