Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of active ingredients. Its structure allows for the introduction of additional functional groups, making it valuable in the development of complex molecules. In the pharmaceutical industry, it is employed in the creation of drugs targeting various diseases, including anti-inflammatory and anti-infective agents. In agriculture, it contributes to the formulation of herbicides and pesticides, enhancing crop protection. Additionally, its reactivity makes it suitable for use in organic synthesis, particularly in the construction of aromatic compounds.