Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic receptor modulators and other central nervous system agents. It serves as a building block in agrochemicals for developing herbicides and plant growth regulators. Also employed in coordination chemistry as a ligand for transition metal complexes in catalytic reactions, enhancing efficiency and selectivity in processes such as hydrogenation or carbon-carbon bond formation. Its structural features make it useful in the development of organic electronic materials and chemical sensors sensitive to environmental changes.