Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and insecticides, due to its ability to enhance selectivity and efficacy in crop protection agents. Its structure supports binding to specific enzyme sites in pests or unwanted plants, making it valuable in developing targeted control solutions. Also explored in pharmaceutical research for potential bioactive molecule development, especially in compounds with antimicrobial or anti-inflammatory properties. Commonly utilized in medicinal chemistry for scaffold modification to improve drug potency and metabolic stability.