Used primarily as a chemical intermediate in the synthesis of various organic compounds, it plays a crucial role in the production of polymers and resins. Its application extends to the development of agricultural chemicals, where it serves as a building block for creating pesticides and herbicides. Additionally, it is utilized in the pharmaceutical industry for the synthesis of active pharmaceutical ingredients (APIs) that require specific functional groups for biological activity. In materials science, it contributes to the modification of surface properties of materials, enhancing their durability and resistance to environmental factors. Its reactivity with other compounds makes it valuable in research and development for creating novel materials with tailored properties.