Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It plays a role in the creation of compounds that modulate neurotransmitter activity, aiding in the treatment of conditions like depression and anxiety. Additionally, it is utilized in the production of agrochemicals, contributing to the development of pesticides that protect crops from pests and diseases. Its structural properties make it valuable in organic synthesis, enabling the construction of complex molecules for various industrial applications.