Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of various pharmaceuticals and agrochemicals. It is involved in the synthesis of active ingredients for medications targeting specific diseases, contributing to the development of therapeutic drugs. In the agricultural sector, it aids in creating compounds that enhance crop protection, helping to control pests and diseases effectively. Additionally, it is utilized in the manufacture of dyes and pigments, providing essential components for the coloring industry. Its reactivity makes it valuable in research and development for exploring new chemical reactions and processes.