Used primarily in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the development of compounds with potential therapeutic properties, including anti-inflammatory and antimicrobial agents. In agrochemical research, it is utilized to create pesticides and herbicides that target specific plant pathogens or weeds. Additionally, it finds application in material science for the synthesis of advanced polymers and specialty chemicals. Its role in cross-coupling reactions makes it valuable in the construction of complex organic molecules.