This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it serves as a building block for the development of active pharmaceutical ingredients (APIs), particularly in the creation of drugs targeting specific enzymes or receptors. Its structural features make it valuable for designing compounds with potential therapeutic effects, such as anti-inflammatory, antimicrobial, or anticancer agents. In agrochemicals, it is employed in the production of pesticides or herbicides, where its chemical properties contribute to the efficacy of the final product. Additionally, it may be used in research settings for the development of novel chemical entities with specific biological activities.