This chemical is primarily used in the synthesis of advanced organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active ingredients for drugs targeting various diseases, including anti-inflammatory and antimicrobial agents. Additionally, it is utilized in the creation of herbicides and pesticides, where its unique structure enhances the efficacy of these products. Its role in organic synthesis also extends to the development of specialty chemicals used in material science, such as polymers and coatings, where it contributes to improved performance and stability.