Used in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders and cancer. It serves as a key intermediate in creating compounds with potential therapeutic effects. Additionally, it is utilized in agricultural chemistry for formulating pesticides and herbicides, helping to protect crops from pests and diseases. In material science, it contributes to the production of polymers and coatings with enhanced properties like durability and resistance. Its versatile structure makes it valuable in organic synthesis for constructing complex molecules in research and industrial applications.