This chemical is primarily utilized in the pharmaceutical and agrochemical industries. In pharmaceuticals, it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting anti-inflammatory and analgesic properties. Its structural features make it suitable for developing compounds that can modulate specific biological pathways.

In agrochemicals, it is employed in the production of herbicides and pesticides. Its chemical properties allow it to act as a building block for creating molecules that effectively control weed growth and pest infestations, contributing to improved crop yields.

Additionally, it finds application in research and development, where it is used to study chemical reactions and develop new compounds with potential therapeutic or agricultural benefits. Its versatility and reactivity make it a valuable component in synthetic chemistry.