This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of complex molecules for pharmaceutical research. It serves as a key intermediate in the production of heterocyclic compounds, which are essential in creating various drugs and bioactive molecules. Additionally, it is employed in materials science for the preparation of specialized polymers and coatings that require unique chemical properties. Its role in organic synthesis is significant due to its ability to introduce specific functional groups into target molecules, facilitating the creation of advanced materials and therapeutic agents.