Used primarily in chemical research and development, this compound serves as a key intermediate in the synthesis of various organic molecules. It is particularly valuable in the production of pharmaceuticals, where it contributes to the creation of compounds with potential therapeutic properties. Additionally, it finds application in agrochemical research for developing new pesticides and herbicides. Its role in material science includes the preparation of specialized polymers and coatings. The compound’s reactivity with other chemicals makes it a versatile tool in organic synthesis and industrial chemistry.