Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for drugs targeting cardiovascular and metabolic disorders. It plays a key role in the development of nicotinic acid derivatives, which are essential for creating compounds with therapeutic effects. Additionally, it is utilized in agrochemical research for designing new pesticides and herbicides, contributing to improved crop protection. Its structural properties make it valuable in organic synthesis for constructing complex molecules in both industrial and academic settings.