Used primarily in organic synthesis as a reagent for the preparation of various heterocyclic compounds. It serves as a key intermediate in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. Additionally, it is employed in materials science for the creation of specialized polymers and coatings, where its unique structure contributes to enhanced properties such as thermal stability and chemical resistance. In research, it is utilized to study reaction mechanisms and to explore new pathways in synthetic chemistry.