Primarily utilized in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds targeting central nervous system disorders, offering potential therapeutic benefits. Additionally, it finds application in the production of agrochemicals, where it contributes to the development of new pesticides and herbicides. Its versatility also extends to material science, where it is used in the design of advanced organic materials with specific electronic properties.