This chemical is primarily used as a building block in the synthesis of more complex compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various drugs, including antifungal and antibacterial agents. Additionally, it is utilized in the development of agrochemicals, such as herbicides and pesticides, due to its ability to enhance the efficacy of these products. In material science, it is employed in the creation of polymers and coatings, where it contributes to improved durability and performance. Its versatility also extends to research applications, where it is used in organic synthesis and as a reagent in chemical reactions to study new compounds and their properties.