This compound is primarily used in organic synthesis as an intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to serve as a building block for more complex molecules, particularly in the development of active ingredients for drugs targeting specific biological pathways. Additionally, it is employed in research settings to study chemical reactions and mechanisms, contributing to advancements in synthetic chemistry. Its applications also extend to material science, where it is explored for the development of novel organic materials with potential industrial uses.