This chemical is primarily utilized in the field of organic synthesis, particularly in the development of novel pharmaceutical compounds. Its unique structure makes it a valuable intermediate in the creation of complex molecules that exhibit potential therapeutic properties. Researchers leverage its specific configuration to design and synthesize new drugs, especially those targeting neurological disorders, due to its ability to interact with certain biological pathways. Additionally, it finds application in material science, where its properties are explored for the development of advanced polymers and coatings with enhanced durability and performance. Its role in catalysis is also noteworthy, as it can facilitate specific chemical reactions, improving efficiency and yield in industrial processes.