Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals due to its α,β-unsaturated carbonyl structure with electron-withdrawing groups. Its conjugated system allows participation in Michael addition and cycloaddition reactions, making it valuable in constructing heterocyclic compounds. Commonly employed in the development of kinase inhibitors and anti-inflammatory agents. Also utilized in organic electronics as a building block for conjugated molecules. The furan ring enhances reactivity and enables further functionalization for tailored molecular design.