This chemical is widely used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. Its reactivity makes it valuable in the production of active pharmaceutical ingredients (APIs) and other fine chemicals. Additionally, it serves as a building block in organic synthesis, particularly in the creation of esters and other derivatives. In the agrochemical industry, it is utilized in the development of herbicides and pesticides. Its application extends to research and development laboratories, where it is employed in the study of chemical reactions and the development of new compounds.