Primarily utilized in the pharmaceutical industry, it serves as a crucial intermediate in the synthesis of various drugs, particularly those targeting bacterial infections. Its structure is integral in developing compounds with antimicrobial properties, making it valuable in creating antibiotics. Additionally, it finds application in agricultural chemistry, where it is used to formulate pesticides and herbicides, helping to protect crops from pests and diseases. In research, it is employed in organic synthesis to explore new chemical reactions and develop novel compounds with potential therapeutic benefits.