This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions. It serves as a versatile building block for the introduction of allenyl groups into various organic molecules. Its application is significant in the development of pharmaceuticals, where it aids in the creation of complex molecular structures. Additionally, it is used in material science for the synthesis of advanced polymers and coatings, contributing to the enhancement of material properties such as durability and flexibility. Its role in catalytic processes also makes it valuable in industrial chemistry, where it helps in the efficient production of fine chemicals and intermediates.