This compound is primarily utilized in organic synthesis as a versatile building block for the creation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of triazole-containing drugs, which are known for their broad biological activities, including antimicrobial, antifungal, and antiviral properties. Additionally, it serves as a key intermediate in the preparation of agrochemicals, such as herbicides and pesticides, due to its ability to enhance the efficacy and stability of these products. In material science, it is used to modify polymers and coatings, improving their performance characteristics like adhesion and durability. Its aldehyde group makes it a valuable reagent in click chemistry, facilitating efficient and selective reactions with various nucleophiles.