This chemical is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of various pesticides and herbicides. Its unique structure contributes to the development of compounds that effectively control a wide range of agricultural pests and weeds, enhancing crop protection and yield. Additionally, it finds application in pharmaceutical research, where it serves as a building block for the creation of novel drug candidates, particularly in the development of antifungal and antibacterial agents. Its role in these industries underscores its importance in advancing both agricultural and medical sciences.