This chemical is primarily used in organic synthesis as an intermediate for the production of various agrochemicals and pharmaceuticals. It serves as a key building block in the synthesis of complex molecules due to its reactive functional groups. In agrochemical applications, it is utilized in the development of pesticides and herbicides, contributing to crop protection and yield enhancement. In the pharmaceutical industry, it is employed in the creation of active pharmaceutical ingredients (APIs) for therapeutic drugs. Its versatility in chemical reactions makes it valuable for researchers and industries focused on developing new compounds with specific biological or chemical properties.