This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of herbicides and pesticides, where its structure contributes to the effectiveness of the final product in controlling unwanted vegetation or pests. Additionally, it is employed in research and development for creating novel compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Its versatile reactivity makes it valuable in organic synthesis for constructing complex molecules.