This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for the introduction of functional groups that are essential in the development of compounds with biological activity. In medicinal chemistry, it is often employed in the synthesis of drugs targeting neurological disorders and infectious diseases, due to its ability to interact with specific enzymes and receptors. Additionally, it finds application in the creation of herbicides and pesticides, where its chemical properties contribute to the effectiveness of these products in controlling pests and weeds. The compound's versatility makes it a valuable component in research and industrial processes aimed at developing new therapeutic agents and agricultural solutions.