This compound is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. Its structure allows it to be a key building block in the development of active ingredients for drugs, particularly those targeting neurological and cardiovascular conditions. Additionally, it plays a role in the production of herbicides and pesticides, contributing to the control of weeds and pests in agricultural settings. Its versatility in chemical reactions makes it valuable for researchers and manufacturers in creating complex molecules with specific biological activities.