This compound is primarily utilized in the field of pharmaceutical research and development, where it serves as a key intermediate in the synthesis of various drug molecules. Its structure is particularly valuable in the creation of compounds with potential therapeutic effects, such as antimicrobial, antiviral, or anti-inflammatory properties. Additionally, it is employed in organic chemistry as a building block for constructing more complex heterocyclic compounds, which are often explored for their biological activities. In agricultural chemistry, it may also find use in the development of novel pesticides or herbicides, leveraging its unique chemical properties to target specific pests or weeds effectively.