This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. It serves as a key intermediate in the production of selective serotonin reuptake inhibitors (SSRIs) and other antidepressants, contributing to their efficacy in treating conditions like depression and anxiety. Additionally, it is utilized in the creation of agrochemicals, specifically in the formulation of herbicides and pesticides, where its structural properties enhance the effectiveness of these products in controlling weeds and pests. Its role in organic synthesis also extends to the development of specialty chemicals used in various industrial applications, including coatings and polymers.