This compound is widely used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs with antimicrobial, antifungal, and anticancer properties. Its structural features make it a valuable building block for creating biologically active molecules. In the agrochemical industry, it serves as a key component in the production of pesticides and herbicides, enhancing crop protection and agricultural productivity. Its versatility also makes it a useful compound in research, aiding in the discovery of new chemical entities with potential applications in medicine and agriculture.