Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and fungicides. Its structure is particularly valuable in creating active ingredients that target specific plant pathogens, enhancing crop protection. In the pharmaceutical industry, it is utilized in the development of active pharmaceutical ingredients (APIs) for various therapeutic applications. Its versatility in chemical reactions makes it a valuable building block in organic synthesis, enabling the creation of complex molecules with specific biological activities.