This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of antifungal and antibacterial agents, making it valuable in the development of medications targeting microbial infections. Additionally, it is utilized in the creation of agrochemicals, particularly in formulating pesticides and herbicides that protect crops from pests and diseases. Its role in organic synthesis also extends to the preparation of complex molecules for research and industrial applications, contributing to advancements in medicinal chemistry and material science.