Used as a key intermediate in the synthesis of agrochemicals, particularly in the development of herbicides and insecticides. Its structure allows for further functionalization, making it valuable in creating active ingredients that target specific plant or pest systems. Also employed in pharmaceutical research for building nitrogen-containing heterocyclic compounds with potential biological activity. Commonly utilized in cross-coupling reactions, such as Suzuki or Heck reactions, to form carbon-carbon bonds in complex molecule assembly.