This chemical is primarily utilized in the synthesis of agrochemicals, particularly in the development of pesticides and herbicides. It serves as a key intermediate in creating compounds that target specific pests or weeds, enhancing crop protection and yield. Additionally, it finds application in pharmaceutical research, where it is used to develop novel drug candidates, especially in the design of molecules with potential therapeutic effects. Its structural properties make it valuable in organic synthesis, contributing to the production of complex chemical compounds in various industries.