Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and fungicides. It is particularly valuable in creating crop protection agents that target a wide range of plant diseases and pests. Additionally, it plays a role in the development of certain medicinal compounds, contributing to the advancement of treatments for various health conditions. Its reactivity and structure make it a versatile building block in organic synthesis, enabling the creation of complex molecules with specific biological activities.