This chemical is primarily used in the synthesis of various organic compounds, particularly in the production of specialty chemicals and intermediates. It is often employed in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its ability to act as a building block in complex molecular structures. Additionally, it finds application in the creation of fine chemicals and agrochemicals, where it serves as a key intermediate in the formulation of products such as pesticides and herbicides. Its unique structure also makes it valuable in the field of polymer chemistry, where it can be used to modify or enhance the properties of certain polymers. Furthermore, it is utilized in research and development for exploring new chemical reactions and pathways.