This chemical is primarily used as an intermediate in the synthesis of more complex organic compounds, particularly in the pharmaceutical and agrochemical industries. Its structure makes it valuable for creating molecules with specific biological activities, such as inhibitors or modulators of enzymes and receptors. Additionally, it serves as a building block in the development of dyes, pigments, and other specialty chemicals. Its stability and reactivity also make it suitable for use in research and development, particularly in the study of heterocyclic chemistry and the design of novel compounds with potential industrial applications.