This chemical is primarily used in organic synthesis as a fundamental building block for developing more complex molecules. It is commonly employed in the synthesis of pharmaceutical compounds, particularly those targeting specific enzyme inhibition or receptor modulation. Additionally, it serves as a starting material in the synthesis of agrochemicals, supporting the development of insecticides or herbicides. Its structure makes it suitable for coordination chemistry, where it can act as a ligand in forming metal complexes with potential applications in catalysis or materials science. In research, it is valuable for studying reaction mechanisms and developing new chemical entities.