This compound is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of thioamide derivatives, which are known for their biological activities, including antimicrobial and antifungal properties. Additionally, it is employed in the development of heterocyclic compounds that are used in medicinal chemistry for drug discovery and development. Its role in creating complex molecules makes it valuable in research and industrial applications focused on new therapeutic agents.