This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs) and drug candidates. Its structure is particularly valuable in the creation of molecules that target specific biological pathways, such as enzyme inhibition or receptor modulation. Additionally, it is employed in the development of agrochemicals, where it contributes to the formulation of herbicides and pesticides. Its unique chemical properties make it a versatile building block in organic synthesis, enabling the creation of complex molecules with potential therapeutic or industrial applications.