Used primarily in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a key intermediate in the production of herbicides and fungicides. Its reactivity with amines and alcohols makes it valuable for creating urethanes and ureas, which are essential in developing crop protection agents. Additionally, it is employed in the manufacture of specialty chemicals, including polymers and coatings, where it contributes to enhancing durability and resistance properties. In pharmaceutical research, it is utilized to design and synthesize novel drug candidates, particularly those targeting specific enzymatic pathways. Its role in organic synthesis underscores its importance in advancing both agricultural and medicinal chemistry.