This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure is particularly valuable in the development of heterocyclic compounds, which are often explored for their potential therapeutic properties. Researchers leverage its reactivity to create complex molecules that may exhibit biological activity, making it a crucial component in drug discovery and development processes. Additionally, it finds application in the synthesis of agrochemicals, contributing to the creation of new pesticides or herbicides. Its versatility in chemical reactions also makes it a useful building block in material science, particularly in the design of novel polymers or coatings with specific properties.