This compound is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique structure makes it valuable for creating molecules with potential therapeutic properties, particularly in the development of drugs targeting inflammatory and infectious diseases. Additionally, it is utilized in organic synthesis to construct complex heterocyclic compounds, which are often explored for their biological activities. Its application extends to material science, where it can be incorporated into polymers or coatings to enhance specific properties like stability or functionality.