Used primarily as an intermediate in organic synthesis, this chemical plays a key role in the production of pharmaceuticals and agrochemicals. Its functional groups allow for versatile reactivity, making it valuable in creating complex molecules. It is also employed in the development of sulfonamide-based drugs, which are widely used as antibiotics and diuretics. Additionally, it serves as a building block in the synthesis of specialty chemicals and polymers, contributing to advancements in materials science.