This chemical is primarily utilized in the pharmaceutical and agrochemical industries. In pharmaceuticals, it serves as a key intermediate in the synthesis of various drugs, particularly those targeting neurological and infectious diseases. Its structure allows for the development of compounds that can interact with specific biological targets, enhancing therapeutic efficacy. In agrochemicals, it is used to create pesticides and herbicides, contributing to the protection of crops by inhibiting the growth of harmful organisms. Additionally, its role in research and development is significant, as it aids in the discovery of new compounds with potential applications in medicine and agriculture.