This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it serves as a building block for the development of drugs targeting specific biological pathways, particularly in the creation of inhibitors or modulators for enzymes and receptors. Its unique structure allows for the introduction of additional functional groups, enabling the fine-tuning of drug properties such as potency, selectivity, and bioavailability. In agrochemicals, it is employed in the production of pesticides and herbicides, where it contributes to the creation of compounds that effectively control pests and weeds. Its chemical properties make it suitable for designing molecules that interact with specific biological targets in pests or plants, ensuring efficacy while minimizing environmental impact. Additionally, its versatility in chemical reactions makes it a valuable component in research and development for discovering new active ingredients in both pharmaceutical and agricultural applications.