Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of heterocyclic compounds, which are essential in drug discovery for their bioactive properties. Additionally, it is employed in the synthesis of complex molecules for research purposes, aiding in the study of chemical reactions and mechanisms. Its application extends to material science, where it contributes to the creation of specialized polymers and coatings with unique properties.