Used primarily in the synthesis of pharmaceuticals, this compound serves as an intermediate in the production of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of agrochemicals, where it contributes to the creation of pesticides and herbicides. Additionally, it finds application in organic chemistry research as a building block for more complex molecules, aiding in the study of chemical reactions and the development of new compounds. Its role in the synthesis of heterocyclic compounds also makes it significant in the field of medicinal chemistry, where it helps in designing drugs with potential therapeutic effects.