Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with potential antifungal, antibacterial, and anti-inflammatory properties. Its structure serves as a building block in heterocyclic chemistry, enabling the construction of complex pyrrole-containing compounds. Commonly employed in medicinal chemistry research for designing new drug candidates targeting central nervous system disorders and cancer. Also utilized in the preparation of functional materials and dyes due to its aromatic and electron-rich characteristics.