This compound is primarily utilized in the field of organic synthesis as a versatile intermediate. It is often employed in the preparation of various heterocyclic compounds, which are essential in pharmaceutical research and development. The aldehyde group present in the molecule makes it a valuable precursor for the synthesis of more complex structures, such as pyrazole derivatives, which are known for their biological activities. Additionally, it is used in the development of agrochemicals, where it contributes to the creation of active ingredients for pesticides and herbicides. Its role in the synthesis of novel materials for electronic applications is also noteworthy, particularly in the design of organic semiconductors and light-emitting diodes (LEDs).