This chemical is primarily used in organic synthesis as an intermediate for the production of more complex chemical compounds. It is particularly valuable in the pharmaceutical industry, where it serves as a building block for the synthesis of active pharmaceutical ingredients (APIs). Additionally, it finds application in the development of agrochemicals, contributing to the creation of herbicides, pesticides, and other crop protection agents. Its role in research and development is also notable, as it aids in the study of chemical reactions and the creation of novel materials.