Used as a reagent in organic synthesis, particularly in the preparation of complex molecules and pharmaceuticals. It serves as a building block for the creation of various heterocyclic compounds, which are essential in drug development. Additionally, it is employed in the production of polymers and resins, where it acts as a cross-linking agent to enhance material properties. In biochemical research, it is utilized for modifying proteins and peptides, aiding in the study of their structure and function. Its role in the synthesis of specialized chemicals makes it valuable in both industrial and laboratory settings.