Used as a key intermediate in the synthesis of various organic compounds, particularly in the production of pharmaceuticals and agrochemicals. It plays a crucial role in the development of active ingredients for crop protection products, helping to control pests and diseases in agriculture. Additionally, it is utilized in the creation of specialized dyes and pigments for industrial applications. Its unique structure allows it to act as a building block in the synthesis of complex molecules, making it valuable in research and development within the chemical industry.