This chemical is primarily used in organic synthesis as an intermediate in the production of various pharmaceuticals and agrochemicals. It plays a key role in the synthesis of compounds like antihistamines, anti-inflammatory agents, and other therapeutic drugs. Additionally, it is utilized in the preparation of specialty chemicals, including dyes and fragrances, due to its reactivity and ability to form complex structures. In research, it serves as a building block for developing new molecules with potential biological activity. Its application is also seen in the field of material science, where it contributes to the creation of advanced polymers and coatings.