Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting cardiovascular diseases, hypertension, and other medical conditions. Its unique structure allows for the creation of compounds with specific biological activities, making it valuable in medicinal chemistry research. Additionally, it is utilized in the production of agrochemicals, contributing to the development of pesticides and herbicides with enhanced efficacy. Its versatility in chemical reactions also makes it a useful building block in organic synthesis for creating complex molecules.