This compound is primarily utilized in the field of agricultural chemistry as a key intermediate in the synthesis of various pesticides and herbicides. Its structure allows it to effectively target and inhibit specific enzymes in pests, contributing to crop protection and yield improvement. Additionally, it finds application in pharmaceutical research, where it serves as a building block for developing novel therapeutic agents, particularly in the design of antimicrobial and antifungal drugs. Its versatility in chemical reactions makes it valuable for creating derivatives with potential biological activity.