This chemical is primarily utilized in the synthesis of agrochemicals, particularly in the development of pesticides and insecticides. Its structure is effective in targeting and controlling pest populations, making it a valuable component in crop protection formulations. Additionally, it serves as an intermediate in organic synthesis, contributing to the creation of various pharmacologically active compounds. Its unique chemical properties also make it suitable for research and development in the field of medicinal chemistry, where it aids in the discovery of new therapeutic agents.