Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a key role in the production of active ingredients for drugs targeting various medical conditions. Its incorporation into compounds enhances their biological activity and stability. Additionally, it is utilized in the development of advanced materials, such as liquid crystals and polymers, where its unique chemical structure contributes to desired properties like thermal stability and electronic performance. In research, it serves as a building block for creating complex molecules in organic chemistry studies.