Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various bioactive molecules. Its structure is particularly valuable in the development of herbicides and fungicides, where it contributes to the creation of compounds that target specific plant pathogens. Additionally, it plays a role in the synthesis of heterocyclic compounds, which are essential in medicinal chemistry for designing drugs with potential therapeutic applications, such as anti-inflammatory and antimicrobial agents. Its reactivity and versatility make it a crucial component in organic synthesis for constructing complex molecular frameworks.