This compound is primarily utilized in the field of agrochemical research and development. It serves as a key intermediate in the synthesis of various pesticides and insecticides, particularly those targeting crop protection. Its structure allows for the creation of molecules that can effectively disrupt the nervous systems of pests, providing an efficient solution for pest control in agriculture. Additionally, it is explored in medicinal chemistry for the design of bioactive compounds, potentially contributing to the development of new pharmaceuticals. Its versatility in chemical reactions makes it a valuable building block in organic synthesis for diverse applications.