Used in agricultural chemistry as a plant growth regulator, this compound helps enhance crop yield by modulating plant hormone activity. It supports improved stress tolerance in plants under adverse environmental conditions such as drought or high salinity. Also investigated for use in seed treatment formulations to promote early root development and uniform germination. Its unique structure allows for systemic movement within the plant, making it effective at low application rates. Additionally, it serves as an intermediate in the synthesis of bioactive molecules for crop protection research.