Used in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds, including pyrazoles and oxadiazoles. It plays a role in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) with potential therapeutic applications. Additionally, it is employed in the creation of agrochemicals, such as herbicides and pesticides, due to its reactivity and ability to form stable derivatives. Its application extends to material science, where it is utilized in the production of specialty chemicals and polymers.