This chemical is primarily used in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of certain herbicides, particularly those targeting broadleaf weeds in crops like wheat and barley. Additionally, it is utilized in the development of antiviral and antifungal agents, contributing to the creation of compounds that inhibit the growth of harmful pathogens. Its role in organic synthesis also extends to the preparation of complex molecules for research and industrial applications, making it valuable in both medicinal chemistry and agricultural science.