Used in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) that target neurological disorders. It serves as a key intermediate in the manufacture of compounds with potential antidepressant and anxiolytic properties. Additionally, it is employed in the development of organic light-emitting diodes (OLEDs) due to its role in creating efficient electron-transport materials. In the field of agrochemicals, it is utilized to produce herbicides and pesticides, contributing to crop protection and yield improvement. Its versatile structure also makes it valuable in organic synthesis for constructing complex molecules in research and industrial applications.