This compound is primarily utilized in research and development, particularly in the field of organic chemistry and pharmaceuticals. It serves as a key intermediate in the synthesis of more complex molecules, often in the study of reaction mechanisms and the development of new drugs. Its deuterated form (indicated by -d4) makes it valuable in isotopic labeling studies, allowing researchers to trace and analyze metabolic pathways and chemical transformations with greater precision. Additionally, it finds application in the preparation of bioactive compounds, especially those targeting specific receptors or enzymes, due to its unique structural features.