This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. It plays a key role in the production of active ingredients for drugs, particularly in the development of compounds with antibacterial or antifungal properties. Additionally, it is utilized in the creation of herbicides and pesticides, contributing to the control of weeds and pests in agricultural settings. Its structure allows for further functionalization, making it valuable in organic synthesis for constructing complex molecules.