This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting inflammatory and infectious diseases. Its structure is often leveraged in the design of enzyme inhibitors, making it valuable for drug discovery efforts. Additionally, it may be explored in agrochemical research for the development of novel pesticides or herbicides due to its potential bioactive properties. Its role in material science is also under investigation, particularly in the synthesis of specialized organic compounds with unique electronic or optical properties.