Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various active ingredients. Its structure allows it to participate in reactions that form complex molecules, particularly in the development of herbicides, insecticides, and fungicides. Additionally, it is employed in the creation of pyridine derivatives, which are valuable in medicinal chemistry for designing drugs targeting specific biological pathways. Its versatility in organic synthesis makes it a valuable component in research and industrial applications.