This chemical is primarily used in organic synthesis as a building block for more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic properties. Its structure allows it to act as a ligand in coordination chemistry, facilitating the formation of metal complexes used in catalysis or material science. Additionally, it may serve as an intermediate in the synthesis of agrochemicals, contributing to the development of pesticides or herbicides. Its versatility in chemical reactions makes it valuable in research and industrial applications.