This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of complex molecules due to its reactive chloromethyl groups, which facilitate further functionalization. Additionally, it is employed in materials science for the preparation of polymers and coatings, where its thiophene ring contributes to enhanced electronic properties. Its application in organic electronics, such as in the creation of conductive materials, is also noteworthy.