This chemical is primarily utilized in the development of agrochemicals, particularly in the synthesis of herbicides and pesticides. Its structure allows it to act as a key intermediate in creating compounds that target specific weeds or pests, enhancing crop protection and agricultural productivity. Additionally, it finds application in pharmaceutical research, where it serves as a building block for the synthesis of active pharmaceutical ingredients (APIs) with potential therapeutic properties. Its versatility in chemical reactions makes it valuable in organic synthesis for creating complex molecules.