Used primarily as an intermediate in the synthesis of agrochemicals, it plays a crucial role in the production of herbicides and pesticides. Its structure is key in developing compounds that effectively control weed growth in agricultural fields. Additionally, it finds application in the pharmaceutical industry, where it serves as a building block for the creation of various active pharmaceutical ingredients, particularly those targeting specific enzymes or receptors. Its versatility in chemical reactions makes it valuable in organic synthesis, enabling the development of complex molecules with potential biological activities.