This chemical is primarily used in organic synthesis as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique structure allows it to participate in reactions that form complex molecules, making it valuable in the development of drugs targeting specific biological pathways. Additionally, it is utilized in research laboratories for studying reaction mechanisms and developing new synthetic methodologies. Its application extends to the field of material science, where it is explored for creating novel organic compounds with potential use in electronic or optical materials.