Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various active ingredients. In pharmaceuticals, it is utilized to develop compounds with potential therapeutic effects, particularly in the creation of drugs targeting neurological and inflammatory conditions. Its structural properties make it valuable for designing molecules that interact with specific biological targets. In agrochemicals, it plays a role in the production of pesticides and herbicides, contributing to the development of products that protect crops from pests and diseases. Its versatility in chemical reactions allows for modifications that enhance the efficacy and specificity of the final products.