This chemical is widely used in organic synthesis as a versatile intermediate. It plays a key role in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) and drug precursors. Its structure allows it to participate in various reactions, such as Michael additions and cyclizations, making it valuable for constructing complex molecules. Additionally, it is utilized in the development of agrochemicals, including pesticides and herbicides, due to its ability to form biologically active compounds. In material science, it serves as a building block for creating polymers and specialty chemicals with tailored properties. Its applications also extend to research and development, where it is used as a reagent in experimental studies to explore new chemical pathways and reactions.