Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of various heterocyclic compounds. It is particularly valuable in the development of pharmaceuticals, where it contributes to the creation of molecules with potential therapeutic properties. Additionally, it finds application in the synthesis of agrochemicals, aiding in the development of new pesticides or herbicides. Its structure is also utilized in materials science, particularly in the design of organic electronic materials, where it can influence the properties of semiconductors or light-emitting components.