This chemical is primarily used in organic synthesis as a building block for the development of more complex molecules. It is particularly valuable in the field of medicinal chemistry, where it serves as an intermediate in the synthesis of pharmaceutical compounds. The ethynyl group in its structure allows for versatile reactions, such as click chemistry, which is widely employed in drug discovery and bioconjugation processes. Additionally, it can be utilized in the preparation of polymers and materials science applications, where its functional groups enable the creation of tailored materials with specific properties. Its stability and reactivity make it a useful component in research and industrial settings for designing novel compounds.