Used in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds. It serves as a key building block in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) and drug candidates. The compound is also employed in the creation of agrochemicals, contributing to the production of herbicides and pesticides. Additionally, it finds application in material science for the design of advanced materials, including polymers and ligands for metal coordination complexes. Its unique structure makes it valuable in research for studying chemical reactivity and developing novel synthetic pathways.