Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of compounds with potential antimicrobial and antiviral properties. Additionally, it plays a role in research focused on studying enzyme inhibition and receptor interactions, aiding in the discovery of new therapeutic agents. Its application extends to the field of material science, where it contributes to the synthesis of specialized polymers and coatings with enhanced properties.