Used in pharmaceutical synthesis as a key intermediate for developing biologically active compounds, particularly in the production of antimicrobial and antifungal agents. Its conjugated structure makes it suitable for use in heterocyclic chemistry, where it participates in cyclization reactions to form fused ring systems. Also employed in the development of organic semiconductors due to its electron-withdrawing properties and ability to form stable π-conjugated systems. Shows potential in agrochemical research for designing new herbicides and plant growth regulators.