Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of active ingredients. It is particularly valuable in the development of herbicides and fungicides, where its structural properties contribute to the efficacy of the final product. Additionally, it plays a role in organic synthesis, enabling the creation of complex molecules for research and industrial applications. Its versatility makes it a valuable component in the field of medicinal chemistry, aiding in the design of novel therapeutic agents.