Used primarily in the synthesis of agrochemicals, this compound serves as a key intermediate in the production of pesticides and herbicides. Its structure allows for effective interaction with biological targets, making it valuable in developing crop protection agents. Additionally, it is utilized in pharmaceutical research for creating molecules with potential therapeutic properties, particularly in the development of antifungal and antibacterial agents. Its unique chemical properties also make it a candidate for use in material science, particularly in the creation of specialty chemicals and advanced materials.