Used primarily as a key intermediate in the synthesis of various agrochemicals, particularly fungicides and herbicides. It plays a crucial role in protecting crops from fungal infections and controlling weed growth, enhancing agricultural productivity. Additionally, it finds application in the development of pharmaceuticals, where it serves as a building block for compounds with potential antimicrobial and anti-inflammatory properties. Its unique structure also makes it valuable in research for developing new materials with specific electronic or photochemical properties.