This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various biologically active compounds. Its structure allows it to serve as a building block for the development of drugs targeting neurological disorders, cardiovascular diseases, and other therapeutic areas. Additionally, it is employed in the creation of pesticides and herbicides, contributing to crop protection and agricultural productivity. Its versatility in chemical reactions makes it valuable for researchers and manufacturers in designing and producing innovative solutions for health and agriculture.