Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various active ingredients. It is particularly valuable in the development of herbicides and pesticides, where its structure contributes to the efficacy of the final product. Additionally, it finds application in the creation of certain dyes and pigments, leveraging its chemical properties to achieve desired color characteristics. In research settings, it is employed as a building block for more complex molecules, aiding in the study of chemical reactions and material properties. Its versatility makes it a valuable component in industrial chemistry and advanced material development.