Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of compounds with silicon-containing structures, which can enhance stability and bioavailability. Additionally, it is employed in the creation of catalysts and ligands for chemical reactions, aiding in the efficient synthesis of complex molecules. Its application extends to materials science, where it contributes to the development of advanced polymers and coatings with improved properties.