This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of compounds with potential biological activity, such as inhibitors for specific enzymes or receptors. Additionally, it is employed in the synthesis of heterocyclic compounds, which are widely used in medicinal chemistry for designing drugs with therapeutic properties. Its application extends to research and development laboratories, where it aids in the exploration of novel chemical entities for potential industrial and pharmaceutical use.