Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals, particularly in the development of barbiturate derivatives. It is also employed in the creation of certain agrochemicals, contributing to the formulation of pesticides and herbicides. In addition, it finds application in research laboratories as a building block for the synthesis of complex organic molecules, aiding in the study of chemical reactions and molecular structures. Its role in the production of dyes and pigments further extends its utility in industrial chemistry.