Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in reactions that form complex molecules, making it valuable in the development of drugs targeting specific biological pathways. Additionally, it is utilized in the synthesis of fine chemicals and specialty materials, where its reactivity and stability under different conditions are advantageous. In research, it aids in the study of reaction mechanisms and the development of novel synthetic routes.