Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a key role in the production of compounds with biological activity. Its structure is valuable in creating molecules for drug development, particularly in the design of inhibitors and other therapeutic agents. Additionally, it finds application in organic synthesis as a building block for more complex chemical structures. In research, it is utilized to study reaction mechanisms and develop new synthetic methodologies. Its versatility makes it a useful component in the fine chemicals industry.