This chemical is primarily used in the synthesis of various organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of drugs targeting neurological and psychiatric disorders. Its structure allows for modifications that can lead to the creation of compounds with potential therapeutic effects. Additionally, it is utilized in the production of agrochemicals, where it contributes to the formulation of pesticides and herbicides. Its role in organic synthesis also extends to the creation of specialty chemicals used in industrial applications, such as dyes and fragrances.