Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and pesticides, particularly those targeting weed control in agricultural settings. Its structure allows for the development of active ingredients that inhibit specific enzymes in plants, leading to effective crop protection. Additionally, it finds application in medicinal chemistry for the creation of compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Its versatility in chemical reactions makes it valuable for constructing complex molecules in research and industrial processes.