This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate for the development of more complex chemical structures. Its unique heterocyclic framework makes it valuable in the synthesis of pharmaceuticals, particularly in the creation of molecules with potential therapeutic properties. Additionally, it is explored in materials science for the design of advanced organic materials, such as optoelectronic devices, due to its ability to influence electronic and optical properties. Researchers also investigate its potential in agrochemical development, aiming to create novel compounds for crop protection and pest management.