Used in organic synthesis as a key intermediate for the production of pharmaceuticals and agrochemicals. It serves as a building block in the development of complex molecules, particularly in the synthesis of heterocyclic compounds. Its aldehyde and ethynyl functional groups make it versatile for various chemical reactions, including cyclization and coupling reactions. This compound is also employed in the research and development of new drugs, especially those targeting specific biological pathways. Its applications extend to material science, where it contributes to the creation of advanced polymers and coatings with unique properties.