Used primarily in the synthesis of various organic compounds, it serves as an intermediate in the production of agrochemicals and pharmaceuticals. Its role in the development of crop protection agents is significant, as it helps in creating effective pesticides and herbicides. Additionally, it is utilized in the manufacturing of certain dyes and pigments, contributing to the coloration of textiles and other materials. In the pharmaceutical industry, it aids in the synthesis of active ingredients for medications, particularly those targeting specific biochemical pathways. Its chemical properties make it valuable in research and development for new chemical entities with potential therapeutic applications.