This compound is primarily utilized in the synthesis of various pharmaceutical intermediates. It plays a crucial role in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs, particularly those targeting central nervous system disorders. Its structural properties make it a valuable building block in organic synthesis, enabling the creation of complex molecules with specific biological activities. Additionally, it is employed in research laboratories for studying chemical reactions and developing new methodologies in medicinal chemistry. Its applications also extend to the production of agrochemicals, where it serves as a precursor in the formulation of pesticides and herbicides, contributing to enhanced crop protection and agricultural productivity.