This chemical is primarily utilized in the synthesis of various pharmaceutical compounds and agrochemicals. It serves as a key intermediate in the development of active ingredients for drugs, particularly those targeting neurological and infectious diseases. Its structural properties make it valuable in creating compounds with specific biological activities. Additionally, it is used in research laboratories for studying chemical reactions and developing new materials with potential industrial applications. Its role in the production of herbicides and pesticides also highlights its significance in agriculture, contributing to crop protection and yield improvement.