This chemical is primarily utilized in the field of agrochemicals as a key intermediate in the synthesis of herbicides and fungicides. It plays a crucial role in developing compounds that target and control a wide range of weeds and fungal infections in crops, thereby enhancing agricultural productivity. Additionally, it is employed in pharmaceutical research for the development of novel therapeutic agents, particularly in the exploration of compounds with potential antifungal and antibacterial properties. Its unique structural features make it a valuable building block in organic synthesis for creating diverse chemical entities with specific biological activities.