Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It plays a role in the production of compounds with potential anti-inflammatory and analgesic properties. Additionally, it is utilized in research for creating ligands that can bind to specific receptors, aiding in the study of biochemical pathways. Its applications extend to agrochemicals, where it contributes to the formulation of pesticides and herbicides. The compound is also explored in material science for designing advanced polymers and coatings.