This compound is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in reactions that form more complex molecules, particularly in the synthesis of heterocyclic compounds, which are often found in drugs and pesticides. Additionally, it can be utilized in the development of fragrances and flavoring agents due to its potential to contribute to specific aromatic profiles. Its reactivity and versatility make it valuable in research and industrial applications for creating novel compounds with desired properties.