This compound is primarily utilized in organic synthesis, particularly in the development of complex molecules. It serves as a key intermediate in the production of pharmaceuticals, where its structure is valuable for constructing nitrogen-containing heterocycles. These heterocycles are often found in active pharmaceutical ingredients targeting neurological and cardiovascular disorders. Additionally, it is employed in the synthesis of specialty chemicals, including agrochemicals and polymers, where its stability and reactivity make it a versatile building block. Its application extends to research settings, where it is used to study reaction mechanisms and develop new synthetic methodologies.