This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its unique structure makes it valuable for developing drugs that target neurological disorders, including anxiety and depression, due to its potential interaction with neurotransmitter systems. Additionally, it is employed in the creation of bioactive molecules that exhibit anti-inflammatory and analgesic properties, making it relevant in pain management research. Its versatility also extends to agrochemical applications, where it is used in the development of novel pesticides and herbicides. In material science, it serves as a building block for designing advanced polymers with specific mechanical and thermal properties.