This compound is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of certain pesticides and insecticides. Its structure is particularly effective in targeting pests that affect crops, contributing to improved agricultural yields. Additionally, it finds application in pharmaceutical research, where it serves as a building block for the development of novel therapeutic agents, especially in the realm of central nervous system disorders. Its unique chemical properties make it a valuable component in the design of molecules with potential biological activity.