This chemical is primarily utilized in the field of organic synthesis as a key intermediate for the development of various pharmaceutical compounds. Its structure is particularly valuable in the creation of heterocyclic compounds, which are often explored for their potential biological activities. Researchers leverage its reactivity to synthesize molecules that may exhibit therapeutic properties, such as antimicrobial, anti-inflammatory, or anticancer effects. Additionally, it serves as a building block in the design of agrochemicals, contributing to the development of new pesticides or herbicides. Its versatility in chemical reactions makes it a valuable component in the synthesis of complex organic molecules for both industrial and academic research.