This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure allows it to participate in reactions that form complex molecules, particularly those with potential therapeutic properties. Additionally, it is employed in the development of agrochemicals, contributing to the creation of pesticides and herbicides that enhance crop protection. In research settings, it is often used to study reaction mechanisms and to develop new synthetic pathways, aiding in the advancement of chemical science. Its versatility and reactivity make it a valuable component in the synthesis of diverse chemical products.