Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. Its structure allows for the development of novel drugs, particularly in the creation of inhibitors for specific enzymes or receptors. In agrochemicals, it contributes to the formulation of pesticides and herbicides, enhancing their efficacy and selectivity. Additionally, it is utilized in research and development for exploring new chemical entities with potential therapeutic or agricultural benefits.