This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of agrochemicals and pharmaceuticals. It serves as a key intermediate in the production of fungicides and herbicides, helping to protect crops from fungal infections and weed growth. Additionally, it is employed in research settings for the creation of novel bioactive molecules, contributing to advancements in medicinal chemistry. Its structure allows for further functionalization, making it a versatile building block in organic synthesis.