This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic applications. It serves as a key building block in the production of heterocyclic compounds, which are essential in creating drugs with antiviral, antibacterial, or anti-inflammatory properties. Additionally, it is utilized in agrochemical research for the development of novel pesticides and herbicides, contributing to advancements in crop protection. Its role in organic synthesis also extends to the creation of complex molecules for material science and specialty chemicals.