This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex chemical structures. Its unique structure makes it valuable for the development of pharmaceuticals, particularly in the synthesis of drugs that target neurological disorders. Additionally, it finds application in the creation of agrochemicals, where it contributes to the formulation of pesticides and herbicides. Its role in research and development is also notable, as it aids in the study of chemical reactions and the design of novel compounds with potential therapeutic or industrial uses.