Used in organic synthesis as a building block for creating more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It serves as a precursor for heterocyclic compounds, which are essential in drug discovery for their biological activity. Additionally, it is employed in the production of fine chemicals and specialty materials, contributing to the synthesis of polymers and coatings with specific properties. Its reactive structure makes it valuable in research and industrial applications where tailored chemical functionalities are required.