Used primarily as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure supports the development of bioactive molecules, particularly in constructing heterocyclic compounds with potential antifungal, antibacterial, or anti-inflammatory properties. Commonly employed in research settings for medicinal chemistry projects, especially in the design of new drug candidates targeting metabolic and infectious diseases. Also utilized in the preparation of flavor and fragrance compounds due to its furan backbone, which contributes to aromatic characteristics.