This chemical is primarily utilized in the development of advanced materials, particularly in the field of electronics and semiconductors. It serves as a key component in the fabrication of thin films and coatings, enhancing their durability and performance. Additionally, it is employed in the synthesis of specialized polymers that exhibit high thermal stability and resistance to environmental degradation. In the pharmaceutical industry, it acts as an intermediate in the production of certain active pharmaceutical ingredients, contributing to the efficiency of drug synthesis processes. Its unique properties also make it suitable for use in research and development of novel chemical compounds with potential applications in various high-tech industries.