This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and biologically active molecules. Its unique structure makes it valuable for constructing complex organic frameworks, particularly in the development of compounds with potential therapeutic properties. Additionally, it is employed in research settings to study chemical reactions and mechanisms, aiding in the discovery of new synthetic pathways. Its applications also extend to material science, where it is explored for the development of novel polymers and functional materials.