This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique structure makes it valuable for constructing complex molecules, particularly in the development of compounds with potential therapeutic properties. Additionally, it is employed in research settings to study reaction mechanisms and develop new synthetic methodologies. Its application extends to material science, where it contributes to the creation of specialized polymers and coatings with enhanced performance characteristics.