This chemical is primarily utilized in the field of agrochemical research and development. It serves as a key intermediate in the synthesis of various herbicides and pesticides, particularly those targeting broadleaf weeds and invasive plant species. Its structure allows for the creation of compounds that inhibit specific enzymes crucial for plant growth, making it effective in crop protection strategies. Additionally, it is explored in pharmaceutical research for potential applications in drug discovery, particularly in the development of molecules with biological activity. Its versatility in chemical reactions makes it a valuable component in organic synthesis for specialized industrial applications.