Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its structure allows for functionalization at multiple sites, making it valuable in the development of bioactive molecules. Commonly employed in the synthesis of pyrrole-containing compounds, which exhibit a range of biological activities including antimicrobial and anti-inflammatory properties. Also utilized in the production of specialty polymers and ligands for catalysis due to the electron-rich nature of the pyrrole ring.