This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate for the development of various pharmaceutical compounds. Its unique structure allows it to participate in reactions that form complex heterocyclic frameworks, which are often found in active pharmaceutical ingredients. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of compounds that enhance crop protection and yield. Researchers also explore its potential in material science, particularly in the design of advanced organic materials with specific electronic or photonic properties. Its versatility makes it a valuable component in the development of innovative chemical solutions across multiple industries.