Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various agrochemicals and pharmaceuticals. It is particularly valuable in the development of herbicides and fungicides, where it contributes to the active ingredients that target specific pests or diseases. Additionally, it plays a role in the synthesis of heterocyclic compounds, which are essential in medicinal chemistry for creating drugs with potential therapeutic effects. Its reactivity with amines and other nucleophiles makes it a versatile building block in chemical research and industrial applications.