This chemical is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific diseases, including antiviral and antibacterial agents. In the agricultural sector, it is used to develop pesticides and herbicides that help protect crops from pests and weeds, enhancing crop yield and quality. Additionally, it finds application in research and development for creating novel compounds with potential therapeutic or agricultural benefits. Its versatility in chemical reactions makes it valuable in organic synthesis and industrial chemistry.