Used primarily in organic synthesis, it serves as a key intermediate in the production of complex organic compounds. Its unique structure makes it valuable in the development of pharmaceuticals, where it can be incorporated into molecules to enhance their stability and activity. Additionally, it is employed in materials science for the creation of advanced polymers and coatings, offering improved thermal and chemical resistance. In research, it is utilized to study reaction mechanisms and to develop new synthetic pathways. Its application in catalysis is also notable, where it can act as a ligand to stabilize metal complexes, enhancing their efficiency in various chemical reactions.