This chemical is primarily utilized in the synthesis of various organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of biologically active molecules, including potential therapeutic agents. Its structure is valuable in constructing complex frameworks for drug discovery, especially in targeting specific enzymes or receptors. Additionally, it may be employed in material science for creating specialized polymers or coatings with unique properties. Its applications are largely confined to laboratory settings, focusing on innovation in medicinal chemistry and advanced material design.