This compound is primarily utilized in the synthesis of various pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. Its structure is valuable in creating compounds with potential anti-inflammatory, analgesic, or antimicrobial properties. Additionally, it serves as a key building block in organic synthesis, especially in the preparation of heterocyclic compounds, which are essential in medicinal chemistry. Its application extends to agrochemical research, where it may be used to develop new pesticides or herbicides due to its reactivity and functional groups.