Used primarily in the synthesis of pharmaceuticals and organic compounds, this chemical serves as an intermediate in the production of various active pharmaceutical ingredients (APIs). It is also employed in the development of liquid crystal materials, which are essential for display technologies. Additionally, it finds application in research laboratories for studying chemical reactions and creating complex organic molecules. Its role in agrochemical formulations contributes to the development of pesticides and herbicides. The compound is also utilized in material science for designing advanced polymers and coatings with specific properties.