Used as a chemical intermediate in agrochemical synthesis, particularly in the production of pesticides and herbicides. It acts as a plant growth regulator and nitrification inhibitor, helping to improve nitrogen use efficiency in soil by slowing the conversion of ammonium to nitrate. This reduces nitrogen loss through leaching and denitrification, enhancing crop yield and minimizing environmental impact. Also employed in the development of pharmaceuticals due to its bioactive scaffold in medicinal chemistry.