This chemical is primarily utilized in the synthesis of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs), particularly those targeting specific biological pathways. Its structure allows for further functionalization, making it valuable in the development of compounds with potential therapeutic effects. Additionally, it is employed in the creation of herbicides and pesticides, where its chemical properties contribute to the efficacy of these products. Its role in research and development is also significant, as it aids in the exploration of new chemical entities for diverse applications.