Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anticonvulsant and anti-inflammatory drugs. It also serves in agrochemical formulations, contributing to the production of plant growth regulators and certain fungicides. Its structure allows for easy modification, making it valuable in medicinal chemistry for designing biologically active compounds. Additionally, it finds use in research laboratories for heterocyclic compound development and in the creation of specialty polymers with thermal stability.