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 unique structure makes it valuable for developing molecules with potential biological activity, particularly in the design of drugs targeting specific enzymes or receptors. Researchers often employ it in the synthesis of heterocyclic compounds, which are essential in medicinal chemistry for creating treatments for diseases such as cancer, infections, and inflammatory conditions. Additionally, it is explored in the development of agrochemicals, contributing to the creation of new pesticides or herbicides with improved efficacy and selectivity. Its role in these applications underscores its importance in advancing both human health and agricultural productivity.