This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and specialty chemicals. Its structure allows it to participate in various reactions, making it valuable for creating complex molecules. In the pharmaceutical industry, it can be utilized in the synthesis of active pharmaceutical ingredients (APIs) or as a building block for drug development. Additionally, it finds application in the manufacturing of agrochemicals, where it contributes to the production of pesticides or herbicides. Its solvent properties also make it suitable for use in certain industrial processes, such as coatings or adhesives.