Used primarily in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of compounds that exhibit antipsychotic and antidepressant properties. Additionally, it is utilized in the manufacture of organic light-emitting diodes (OLEDs) due to its ability to enhance the efficiency and stability of these devices. In the field of agriculture, it is employed in the formulation of certain pesticides that protect crops from fungal infections. Its role in chemical research includes being a precursor for various heterocyclic compounds, which are essential in creating new materials with potential industrial applications.