This chemical is primarily utilized in the synthesis of various pharmaceutical compounds and agrochemicals. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, its structural properties make it valuable in the development of novel herbicides and pesticides, contributing to enhanced crop protection and agricultural efficiency. The compound is also explored in research for designing new molecules with potential therapeutic applications, particularly in the fields of anti-inflammatory and antimicrobial agents. Its versatility in organic synthesis further extends to the creation of specialized chemicals used in material science and industrial processes.