This chemical is primarily utilized in the field of material science and organic synthesis. It serves as a key intermediate in the production of specialized polymers and coatings, where its unique structure contributes to enhanced durability and resistance to environmental factors. Additionally, it is employed in the development of advanced lubricants, where its molecular properties help reduce friction and wear in mechanical systems. In agricultural chemistry, it is investigated for its potential as a precursor in the synthesis of novel pesticides, offering improved efficacy and stability. Its application in pharmaceuticals is also explored, particularly in the creation of compounds with potential therapeutic effects.