Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects such as anti-inflammatory and antimicrobial agents. It is also employed in organic chemistry research for constructing complex molecules due to its reactive functional groups. Additionally, it finds application in the production of agrochemicals, where it serves as a building block for creating active ingredients in pesticides or herbicides. Its structure is valuable in material science for designing novel polymers or coatings with specific properties like chemical resistance and thermal stability.