This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic effects. Additionally, it finds application in the creation of agrochemicals, contributing to the formulation of pesticides and herbicides that enhance agricultural productivity. Its structural properties make it a valuable building block in the construction of heterocyclic compounds, which are essential in various industrial and research applications.