This chemical is primarily used in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active ingredients for drugs targeting specific diseases, including anti-inflammatory and anti-cancer agents. Additionally, it is utilized in the creation of pesticides and herbicides, contributing to crop protection by controlling pests and weeds. Its role in chemical synthesis is crucial due to its ability to introduce specific functional groups into complex molecules, enhancing their biological activity and efficacy.