Used as an intermediate in organic synthesis, particularly in the preparation of Schiff bases, which are valuable in coordination chemistry for forming metal complexes. Commonly applied in the development of pharmaceuticals and agrochemicals due to its ability to participate in condensation reactions. Also utilized in the synthesis of liquid crystal materials and as a building block in the creation of biologically active compounds, including antimicrobial and antifungal agents. Its structural stability and reactivity make it suitable for research in material science and drug discovery.