This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it plays a role in the development of active pharmaceutical ingredients (APIs) that target various diseases, including neurological disorders and infections. Its structural properties make it suitable for creating compounds with specific biological activities. In agrochemicals, it is used to develop pesticides and herbicides, contributing to the protection of crops from pests and weeds. Additionally, it finds application in organic synthesis, where it serves as a building block for the preparation of heterocyclic compounds, which are essential in material science and chemical research. Its versatility and reactivity make it valuable in advancing both medicinal and agricultural innovations.