Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and selective COX-2 inhibitors. It also serves as a building block in agrochemicals for creating herbicides and fungicides. Its aromatic and heterocyclic structure makes it valuable in medicinal chemistry for designing compounds with enhanced biological activity and selectivity. Additionally, it is employed in research for developing new materials and ligands in catalysis.