Used in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer drugs. It serves as a key intermediate in organic synthesis, enabling the creation of complex molecules. Additionally, it is employed in the production of specialty polymers and resins, enhancing their thermal stability and mechanical properties. In the field of materials science, it is utilized to modify surfaces and improve adhesion properties in coatings and adhesives. Its role in biochemical research includes studying enzyme mechanisms and metabolic pathways.