This compound is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of herbicides. It plays a crucial role in the development of crop protection products designed to control a wide range of weeds, particularly in agricultural settings. Its structure facilitates the creation of derivatives that effectively interact with target enzymes in plants, disrupting their growth and development. Additionally, it is explored in pharmaceutical research as a building block for potential applications in drug discovery, particularly in the development of compounds with biological activity against various diseases. Its versatility in chemical reactions makes it a valuable intermediate for creating more complex molecules in both agricultural and medicinal chemistry.