This compound is primarily utilized in the synthesis of various heterocyclic compounds, which are important in pharmaceutical research. It serves as a key intermediate in the development of potential drug candidates, particularly in the creation of pyrimidine derivatives. These derivatives are often explored for their biological activities, including antiviral, anticancer, and anti-inflammatory properties. Additionally, it is used in organic chemistry research to study reaction mechanisms and to develop new synthetic methodologies. Its role in the preparation of hydrazide-based compounds also makes it valuable in the design of materials with specific chemical properties.