This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of biologically active compounds. Its structure is particularly valuable in the development of inhibitors and modulators targeting specific enzymes or receptors, making it useful in drug discovery for treating various diseases. Additionally, it serves as a building block in the creation of novel pesticides and herbicides, contributing to advancements in crop protection and agricultural productivity. Its sulfonate and sulfonyl groups enhance its reactivity and stability, making it suitable for diverse chemical transformations in organic synthesis.