This compound is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of pesticides and herbicides. Its structural properties make it effective in targeting specific pests and weeds, enhancing crop protection and yield. Additionally, it is explored in pharmaceutical research for its potential bioactive properties, particularly in the development of antimicrobial and antifungal agents. Its unique chemical structure allows it to interact with biological targets, making it a candidate for further studies in drug discovery.