Used in organic synthesis as a building block for more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of compounds with potential biological activity, such as anti-inflammatory or antimicrobial agents. Additionally, it is utilized in research for designing ligands in coordination chemistry, aiding in the study of metal-organic frameworks (MOFs) and catalysis. Its structural properties make it valuable in material science for creating functionalized polymers and advanced materials.