This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of compounds with potential biological activity, such as antimicrobial, antifungal, and anti-inflammatory agents. Additionally, it is employed in the creation of heterocyclic compounds, which are essential in designing new drugs and pesticides. Its application extends to research and development, where it is used to study chemical reactions and mechanisms, aiding in the discovery of novel therapeutic agents.