Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of active ingredients for crop protection products, where it contributes to the synthesis of herbicides and insecticides. Additionally, it is employed in the creation of complex molecules for medicinal chemistry, aiding in the discovery of new drugs with potential therapeutic applications. Its reactivity and functional groups make it a versatile building block in various chemical transformations.