This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular disorders. Its reactivity and structure make it valuable for constructing complex molecules in medicinal chemistry. Additionally, it is employed in the development of agrochemicals, contributing to the creation of pesticides and herbicides. Researchers also use it in organic synthesis to explore novel chemical reactions and pathways, aiding in the advancement of chemical sciences.