This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of complex heterocyclic compounds. Its unique structure makes it valuable for constructing molecules with potential biological activity, particularly in the development of pharmaceuticals. Researchers often employ it in the synthesis of compounds that target specific enzymes or receptors, contributing to the discovery of new drugs. Additionally, its application extends to materials science, where it is used to create novel polymers or coatings with specialized properties. Its versatility in forming diverse chemical structures makes it a valuable tool in both medicinal chemistry and advanced material design.