Used as an intermediate in the synthesis of various agrochemicals, particularly herbicides and pesticides, to control unwanted vegetation and pests in agricultural fields. It plays a role in the development of organic compounds that target specific plant species while minimizing environmental impact. Additionally, it is utilized in pharmaceutical research for creating potential drug candidates, particularly in the development of anti-inflammatory and antimicrobial agents. Its chemical structure allows for modifications to enhance efficacy and selectivity in various applications.