Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). Its structure is valuable for constructing complex molecules, often serving as a building block in the synthesis of various drugs. Additionally, it finds application in agrochemical research, contributing to the creation of herbicides and pesticides. In the field of materials science, it is utilized in the development of specialty chemicals and polymers, enhancing their properties for specific industrial uses. Its versatility makes it a key component in research and development across multiple chemical industries.