Used primarily as an intermediate in the synthesis of various organic compounds, particularly in the production of pharmaceuticals and agrochemicals. Its structure allows it to act as a building block for more complex molecules, often contributing to the development of active ingredients in drugs or pesticides. Additionally, it finds application in materials science, where it can be incorporated into polymers or coatings to enhance specific properties such as stability or resistance. Its versatility in chemical reactions makes it valuable in research and industrial processes.