Used primarily in specialized industrial processes, it serves as a key intermediate in the synthesis of complex organic compounds. Its application is prominent in the development of advanced materials, particularly in the field of polymers and coatings, where it enhances durability and performance. Additionally, it plays a role in pharmaceutical research, aiding in the creation of novel drug molecules by providing a stable and reactive framework for chemical modifications. Its versatility also extends to agrochemical production, contributing to the formulation of more effective crop protection agents.