Used as a key reagent in organic synthesis, particularly in the preparation of heterocyclic compounds. It is employed in the development of pharmaceuticals, where it serves as a building block for drug molecules, especially those targeting cancer and inflammatory diseases.

In agricultural chemistry, it is utilized in the synthesis of pesticides and herbicides, contributing to crop protection by controlling pests and weeds effectively.

Additionally, it finds application in biochemical research as a labeling agent for proteins and peptides, aiding in the study of protein interactions and modifications. Its reactivity with amino groups makes it valuable in proteomics and enzyme studies.

In material science, it is used to modify surfaces and polymers, enhancing their properties for specific industrial applications.