This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of drugs that exhibit anxiolytic and sedative properties. Additionally, it is utilized in the development of dyes and pigments, contributing to the vibrant colors in various industrial applications. In research, it acts as a building block for creating novel organic molecules with potential biological activity. Its versatility also extends to agrochemicals, where it is incorporated into formulations designed to protect crops from pests and diseases.