Used primarily in the synthesis of organic compounds, this chemical serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting inflammatory and central nervous system disorders. Its structure is valuable in creating complex molecules that exhibit therapeutic properties. Additionally, it finds application in material science, where it contributes to the development of advanced polymers and resins with enhanced durability and performance characteristics. Its role in research and development is crucial for innovating new materials and medicinal products.