Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various active ingredients. It is particularly valuable in the development of fungicides and herbicides, where its structure contributes to the efficacy of the final product. Additionally, it finds application in organic synthesis for creating complex molecules, often utilized in research and industrial processes. Its role in the preparation of heterocyclic compounds makes it essential in the field of medicinal chemistry for designing new drugs.