This chemical is primarily used in the synthesis of various organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of certain drugs and active pharmaceutical ingredients (APIs). Additionally, it is utilized in research and development for creating novel chemical entities with potential therapeutic applications. Its structure allows it to participate in reactions that form complex molecules, making it valuable in medicinal chemistry. It may also find use in the development of agrochemicals, contributing to the creation of pesticides or herbicides. In industrial settings, it can be employed in the manufacture of specialty chemicals, including dyes or fragrances, due to its reactive functional groups.