This chemical is primarily utilized in organic synthesis as a building block for the development of more complex molecules. Its furan ring structure makes it valuable in the creation of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. It is also employed in the production of agrochemicals, where it serves as an intermediate in the formulation of pesticides or herbicides. Additionally, its aromatic properties make it suitable for use in materials science, such as in the development of organic electronic materials or polymers. Researchers often leverage its reactivity in coupling reactions to construct diverse chemical frameworks.