This chemical is primarily used in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive compounds, particularly in the creation of molecules with potential therapeutic properties. Its structure allows it to participate in reactions like Michael additions and cyclizations, making it valuable for constructing complex heterocyclic frameworks. Additionally, it is utilized in the synthesis of agrochemicals, where it contributes to the development of new pesticides or herbicides. Its application extends to material science, where it can be incorporated into polymers or coatings to impart specific functional properties.