Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the development of active ingredients. It is particularly valuable in the production of herbicides and fungicides, where its structure contributes to the efficacy of the final product. Additionally, it finds application in organic research for the creation of complex molecules, aiding in the study of chemical reactions and properties. Its role in the synthesis of heterocyclic compounds makes it important in the field of medicinal chemistry, where it is utilized to develop potential drug candidates.