Used primarily in the synthesis of agrochemicals, this compound serves as a key intermediate in the production of pesticides and herbicides. Its structure is particularly effective in creating active ingredients that target a wide range of agricultural pests. Additionally, it finds application in the pharmaceutical industry, where it is utilized in the development of various medicinal compounds, including those with potential antimicrobial and anti-inflammatory properties. The chemical's versatility also extends to research and development, where it is employed in the study of new chemical reactions and pathways.