Primarily used in organic synthesis, this compound serves as a key intermediate in the production of more complex molecules, particularly in the pharmaceutical industry. It is often employed in the development of active pharmaceutical ingredients (APIs) due to its versatile pyrrole ring structure, which is a common motif in many drugs. Additionally, it finds applications in the synthesis of agrochemicals, where it contributes to the creation of compounds with pesticidal or herbicidal properties. Its reactivity and structural features also make it valuable in academic research for exploring new chemical reactions and pathways.