This compound 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. Researchers often employ it in the synthesis of heterocyclic compounds, which are crucial in drug discovery processes. Additionally, it finds application in the preparation of pyrimidine derivatives, which are explored for their therapeutic properties in treating diseases like cancer, inflammation, and infections. Its versatility also extends to material science, where it can be used in the design of novel organic materials with specific electronic or optical properties.