Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of heterocyclic compounds with biological activity. Its aldehyde functionality allows for easy modification through condensation or reduction reactions, making it valuable in building complex organic molecules. Commonly employed in the preparation of fungicides, herbicides, and certain drug candidates due to the furan ring’s role in enhancing bioavailability and target binding. Also utilized in materials science for constructing conjugated systems in organic electronics.