Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pyridine derivatives. Its application is significant in the field of pharmaceutical research, where it aids in the development of new drugs by facilitating the introduction of the pyridine moiety into complex molecules. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of pesticides and herbicides. The compound's ability to act as a building block in cross-coupling reactions makes it valuable in material science, particularly in the production of organic electronic materials. Its role in these diverse fields underscores its importance in advancing both medicinal and industrial chemistry.