Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various drugs, particularly those targeting neurological disorders. It plays a key role in the production of nicotinamide derivatives, which are essential for developing medications that address conditions like Alzheimer's disease and other cognitive impairments. Additionally, it is employed in agrochemical research for creating pesticides and herbicides, contributing to crop protection and yield improvement. Its versatility also extends to organic synthesis, where it serves as a building block for complex chemical compounds in academic and industrial research.