This chemical is primarily utilized in organic synthesis as a key intermediate for the development of more complex compounds. It is often employed in the preparation of pharmaceutical agents, particularly those targeting specific biological pathways. Its structure allows for further functionalization, making it valuable in the creation of novel molecules with potential therapeutic properties. Additionally, it finds use in agrochemical research for the synthesis of pesticides or herbicides, where its chemical framework can be modified to enhance efficacy and selectivity. In material science, it may serve as a building block for the development of specialized polymers or coatings with unique properties.