This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various heterocyclic compounds. Its structure makes it valuable for developing pharmaceuticals, particularly in the creation of drugs that target specific enzymes or receptors. Additionally, it is employed in the synthesis of agrochemicals, contributing to the development of pesticides or herbicides that protect crops from pests and diseases. Its versatility also extends to research applications, where it is used in the study of chemical reactions and the development of novel compounds with potential therapeutic or industrial uses.