Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of active pharmaceutical ingredients (APIs) that target neurological disorders. Additionally, it is utilized in the creation of agrochemicals, contributing to the formulation of pesticides and herbicides. In research, it acts as a building block for the synthesis of complex molecules, aiding in the study of chemical reactions and pathways. Its application extends to material science, where it is involved in the development of advanced polymers with specific properties.