This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the preparation of various heterocyclic compounds. Its structure makes it valuable for constructing complex molecules, particularly in pharmaceutical research. It is often employed in the development of potential drug candidates, especially those targeting neurological disorders or acting as enzyme inhibitors. Additionally, it finds use in the synthesis of agrochemicals, contributing to the creation of new pesticides or herbicides. Its reactivity and versatility also make it a useful component in material science for designing advanced organic materials.