This chemical is primarily used as a reagent in organic synthesis, particularly in the preparation of complex molecules. It serves as a building block for the development of pharmaceuticals, where its structure facilitates the creation of compounds with specific biological activities. Additionally, it is employed in the synthesis of ligands for metal coordination chemistry, aiding in the formation of catalysts used in various industrial processes. Its application extends to research settings, where it is utilized in the study of reaction mechanisms and the development of new synthetic methodologies.