This chemical is primarily used as an intermediate in the synthesis of various agrochemicals and pharmaceuticals. In the agricultural sector, it plays a crucial role in the production of herbicides and pesticides, helping to enhance crop protection by targeting specific weeds and pests. In the pharmaceutical industry, it serves as a building block for the development of active pharmaceutical ingredients (APIs) used in medications, particularly those with antifungal or antibacterial properties. Its unique structure allows for the creation of compounds with specific biological activities, making it valuable in research and development for new therapeutic agents. Additionally, it is utilized in the synthesis of specialty chemicals for industrial applications, contributing to advancements in material science and chemical engineering.