Used in pharmaceutical research as a building block for synthesizing various bioactive compounds. It serves as a key intermediate in the development of drugs targeting neurological disorders, due to its structural compatibility with receptors in the central nervous system. Additionally, it is employed in the synthesis of agrochemicals, particularly in creating pesticides and herbicides, owing to its ability to modify biological activity. In material science, it is utilized in the production of specialized polymers and coatings, enhancing their durability and performance. Its versatility also extends to organic synthesis, where it acts as a precursor for complex molecules in academic and industrial research.