Used primarily as an intermediate in organic synthesis, this chemical is key in the production of various pharmaceuticals, particularly those targeting central nervous system disorders. It is also employed in the manufacture of agrochemicals, where it plays a role in creating compounds that protect crops from pests and diseases. Additionally, it is utilized in the development of advanced materials, including polymers and coatings, which require specific functional groups for enhanced performance. Its reactivity makes it valuable in research and development for creating novel compounds with potential industrial and medicinal applications.