This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure makes it a valuable intermediate in creating active ingredients for drugs, especially those targeting specific biological pathways. Additionally, it is employed in research and development for designing molecules with potential therapeutic properties. In agrochemical applications, it serves as a building block for producing pesticides or herbicides, contributing to crop protection strategies. Its versatility in organic synthesis also extends to material science, where it aids in the creation of specialized polymers or coatings.