Used primarily in the synthesis of agrochemicals, this compound plays a key role in the development of herbicides and pesticides. Its structure allows it to act as an intermediate in creating active ingredients that target specific weeds or pests, enhancing crop protection. Additionally, it is utilized in pharmaceutical research for the synthesis of various heterocyclic compounds, which are essential in drug development for treating diseases. Its application in these fields underscores its importance in both agricultural and medicinal chemistry.