This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure is particularly valuable in the development of molecules with potential biological activity, such as inhibitors for specific enzymes or receptors. Researchers often employ it in the synthesis of heterocyclic compounds, which are crucial in drug discovery and development processes. Additionally, it finds application in the creation of agrochemicals, contributing to the formulation of pesticides or herbicides that target specific pests or weeds. Its reactivity and functional groups make it a versatile building block in the design of complex chemical entities.