This chemical is primarily utilized in the synthesis of various pharmaceutical compounds and agrochemicals. It serves as a key intermediate in the production of active ingredients for herbicides and pesticides, aiding in the control of unwanted vegetation and pests in agricultural settings. Additionally, it is employed in the development of certain medicinal drugs, particularly those targeting specific enzyme systems or biological pathways. Its unique structure allows for modifications that enhance the efficacy and selectivity of the final products. Researchers also explore its potential in creating novel compounds for industrial applications, such as specialty chemicals and materials.