Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and plant growth regulators. Its structure allows for modification to enhance selectivity and efficacy in controlling broadleaf weeds. Also explored in medicinal chemistry for its potential as a building block in kinase inhibitors, showing promise in early-stage research for treating inflammatory diseases and certain cancers. Commonly employed in crop protection formulations due to its stability and reactivity in multi-step chemical processes.