This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various heterocyclic compounds. Its unique structure makes it valuable in the development of pharmaceuticals, particularly for the synthesis of drugs targeting neurological and cardiovascular disorders. Additionally, it is employed in material science for the creation of novel polymers and coatings with enhanced properties such as thermal stability and chemical resistance. Its application extends to the field of agrochemicals, where it is used in the formulation of pesticides and herbicides, contributing to improved crop protection and yield.