This chemical is primarily utilized in the synthesis of various pharmaceutical compounds and agrochemicals. It serves as a key intermediate in the production of herbicides and fungicides, contributing to crop protection by targeting specific pests and diseases. Additionally, it is employed in the development of active pharmaceutical ingredients (APIs) for medicinal applications, particularly in the creation of compounds with antimicrobial or antiviral properties. Its versatile structure allows for modifications that enhance the efficacy of the final products in both agricultural and medical fields.