Widely used in organic synthesis as a key intermediate for the production of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. It plays a crucial role in the synthesis of complex molecules due to its reactivity and stability under various conditions. Additionally, it is employed in the manufacturing of agrochemicals, contributing to the creation of herbicides and pesticides that enhance crop protection. Its versatility also extends to the field of material science, where it is utilized in the development of advanced polymers and coatings with improved durability and performance.