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 diseases or conditions. Its structural properties make it valuable for designing compounds with potential therapeutic effects. In agrochemicals, it is used to develop pesticides or herbicides, where its chemical structure contributes to the efficacy of the final product in pest or weed control. Additionally, it may be employed in research settings for the development of novel chemical entities with desired biological activities.