This chemical is primarily used in the field of organic synthesis as a key intermediate or reagent. Its unique structure makes it valuable in the development of complex molecules, particularly in the synthesis of heterocyclic compounds. It is often employed in pharmaceutical research for the creation of potential drug candidates, especially those targeting neurological or psychiatric disorders. Additionally, it may be utilized in materials science for the design of advanced polymers or coatings due to its stability and reactivity. Its application is also explored in agrochemical research for developing novel pesticides or herbicides.