This compound is primarily utilized in the synthesis of various pharmaceutical intermediates and active ingredients. It serves as a key building block in the production of herbicides and pesticides, particularly in the development of compounds that target weed and pest control in agriculture. Additionally, it is employed in organic synthesis for creating heterocyclic compounds, which are essential in medicinal chemistry for drug discovery and development. Its aldehyde group makes it a versatile reagent for further chemical modifications, enabling the creation of complex molecules with potential biological activity.