Used primarily in the pharmaceutical and agrochemical industries, it serves as a key intermediate in the synthesis of various active compounds. In pharmaceuticals, it is utilized to develop molecules with potential therapeutic effects, particularly in targeting specific enzymes or receptors. In agrochemicals, it contributes to the creation of herbicides or pesticides by acting as a building block for active ingredients. Its structure allows for modifications that enhance the efficacy and selectivity of the final products. Additionally, it is employed in research and development for exploring novel chemical entities with diverse biological activities.