This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of heterocyclic structures. It serves as a key intermediate in the production of pharmaceuticals, where it contributes to the creation of biologically active molecules. Additionally, it is employed in the field of material science for the preparation of specialized polymers and coatings, enhancing their properties such as durability and resistance. Its role in organic synthesis also extends to the creation of dyes and pigments, where it helps achieve specific color characteristics.