Used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic agents. It serves as a key intermediate in the production of compounds with potential anti-inflammatory, antifungal, and anticancer properties. Additionally, it is employed in the creation of agrochemicals, including herbicides and pesticides, due to its role in forming biologically active molecules. In material science, it is utilized to modify polymers and coatings, enhancing their durability and chemical resistance. Its reactivity with amines and alcohols makes it valuable in organic synthesis for constructing complex molecular structures.