Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. It plays a role in the production of compounds that target pain and inflammation pathways. Also utilized in agrochemical research for creating pesticides and herbicides due to its structural properties. In material science, it serves as a building block for organic electronic materials, contributing to the development of advanced polymers and coatings. Its versatility makes it valuable in various industrial and research applications.