Used in organic synthesis as a versatile intermediate for the production of pharmaceuticals and agrochemicals. It serves as a key building block in the development of active pharmaceutical ingredients (APIs), particularly in the synthesis of antiviral and antibacterial agents. Its formyl group allows for further functionalization, making it valuable in creating complex molecules. Additionally, it is employed in the preparation of ligands for catalysis and in the design of materials for electronic applications. Its reactivity and structural properties make it a useful component in research and industrial chemistry.