This chemical is primarily used in the synthesis of pharmaceutical compounds and agrochemicals. It serves as a key intermediate in the production of various active ingredients, particularly in the development of herbicides and fungicides. Its structure allows for further functionalization, making it valuable in creating complex molecules with specific biological activities. Additionally, it is utilized in research and development for designing novel compounds with potential therapeutic applications, especially in the fields of oncology and infectious diseases. Its role in organic synthesis also extends to the creation of ligands and catalysts used in chemical reactions.