This compound is primarily utilized in the field of organic synthesis, where it serves as an intermediate in the production of more complex chemical entities. Its structure is particularly valuable in the development of pharmaceuticals, especially in the synthesis of compounds with potential therapeutic effects. Additionally, it finds application in the research and development of agrochemicals, contributing to the creation of new pesticides or herbicides. Its unique chemical properties also make it a candidate for use in material science, particularly in the development of specialized polymers or coatings with specific desired characteristics.