Primarily used in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of herbicides and pesticides, where it contributes to the creation of compounds that effectively control unwanted vegetation and pests in agricultural settings. Additionally, it finds application in the field of organic chemistry as a building block for more complex molecules, often utilized in research and development to explore new chemical entities with potential therapeutic or industrial uses. Its role in these areas underscores its importance in advancing both medicinal and agricultural sciences.