Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of compounds with potential anti-inflammatory and analgesic properties. Additionally, it finds application in the synthesis of complex molecules for research purposes, aiding in the study of chemical reactions and pathways. In the agrochemical sector, it contributes to the creation of pesticides and herbicides, enhancing crop protection and yield. Its role in these industries underscores its importance in advancing both medicinal and agricultural sciences.