Used in organic synthesis as a building block for more complex molecules, particularly in the production of pharmaceuticals and agrochemicals. It serves as a precursor in the creation of compounds with specific structural features, such as carbon-carbon triple bonds. In research, it is employed to study alkyne reactivity and to develop new catalytic processes. Additionally, it finds application in material science for the development of polymers and advanced materials with unique properties. Its role in cross-coupling reactions is also significant for constructing carbon frameworks in synthetic chemistry.