This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and bioactive molecules. It serves as a key intermediate in the production of compounds with potential therapeutic properties, such as anti-inflammatory and antimicrobial agents. Its structure allows for versatile reactivity, making it valuable in constructing heterocyclic frameworks often found in drug molecules. Additionally, it is employed in research settings for studying reaction mechanisms and developing new synthetic methodologies. Its application extends to material science, where it contributes to the creation of specialized polymers and coatings with unique properties.