This compound is primarily utilized in the synthesis of various organic molecules, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and other fine chemicals. Its structure allows it to participate in reactions that form complex molecular frameworks, making it valuable for creating compounds with specific biological activities. Additionally, it is used in research and development for designing and testing new chemical entities, particularly those targeting therapeutic applications. Its role in organic synthesis also extends to the creation of flavors and fragrances, where its derivatives contribute to unique aromatic profiles.