This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex molecules. It serves as a key building block in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic effects. Additionally, it finds application in the field of material science, where it is used in the synthesis of organic materials with specific optical or electronic properties. Its structure makes it suitable for use in research and development of novel chemical entities, particularly in the study of reaction mechanisms and the exploration of new synthetic pathways.