This chemical is primarily used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. Its structure makes it a valuable intermediate in creating compounds that target specific biological pathways, such as those involved in inflammation or neurological disorders. Additionally, it finds application in agrochemical research, where it is utilized to develop new pesticides or herbicides with improved efficacy and selectivity. Its role in organic synthesis also extends to the production of fine chemicals and specialty materials, contributing to advancements in various industrial and scientific fields.