Used primarily in the field of organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of active ingredients for pesticides and herbicides, where it contributes to the efficacy of these products in controlling pests and weeds. Additionally, it plays a role in the synthesis of complex molecules for medicinal chemistry, aiding in the creation of drugs that target specific biological pathways. Its utility in research and development underscores its importance in advancing chemical and biological sciences.