This chemical is primarily used in the field of organic synthesis, where it serves as a key intermediate for the development of various heterocyclic compounds. Its unique structure makes it valuable in the creation of pharmaceuticals, particularly in the synthesis of drugs that target neurological disorders and cancer. Additionally, it is employed in the production of advanced materials, such as organic semiconductors and light-emitting diodes (LEDs), due to its electron-deficient properties that enhance charge transport and luminescence. In agrochemical research, it is utilized to develop novel pesticides and herbicides with improved efficacy and environmental safety. Its versatility also extends to the field of dyes and pigments, where it contributes to the creation of stable and vibrant colorants.