This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its unique structure makes it a valuable intermediate in creating complex molecules with potential therapeutic or pesticidal properties. Researchers often employ it in the study of furan derivatives, which are known for their biological activity. Additionally, it may be used in material science for the development of novel polymers or coatings, leveraging its aromatic and heterocyclic characteristics to enhance material properties. Its applications are largely experimental, focusing on innovation in chemical synthesis and functional material design.