Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in creating compounds with potential therapeutic applications, such as inhibitors for specific enzymes or receptors. Additionally, it is employed in the production of agrochemicals, where it contributes to the development of novel pesticides or herbicides. Its role in organic synthesis also extends to materials science, where it aids in the creation of specialized polymers or coatings.