Widely used in organic synthesis as a building block for pharmaceuticals and agrochemicals. It serves as an intermediate in the production of various drugs, particularly those targeting neurological and cardiovascular conditions. Its ester group makes it valuable in peptide synthesis and the creation of bioactive molecules. Additionally, it is utilized in the development of herbicides and pesticides due to its reactivity and ability to form stable compounds. In research, it is employed to study reaction mechanisms and develop new chemical processes.