This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target specific diseases. Additionally, it is employed in agrochemical research for developing new pesticides and herbicides, leveraging its unique structural properties to enhance efficacy. In material science, it is used in the creation of advanced polymers and coatings, contributing to improved durability and performance. Its role in organic synthesis also extends to the development of specialty chemicals used in various industrial applications.