Used primarily as an intermediate in the synthesis of more complex chemical compounds, particularly in the pharmaceutical industry. It plays a crucial role in the development of active pharmaceutical ingredients (APIs) that target various diseases. Its structure allows for further functionalization, making it valuable in creating molecules with potential therapeutic effects. Additionally, it is employed in agrochemical research for designing novel pesticides or herbicides, leveraging its reactivity to form compounds that can interact with biological systems. Its utility in organic synthesis also extends to material science, where it contributes to the development of specialized chemical materials.