This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of complex organic molecules. Its unique structure makes it valuable for constructing heterocyclic compounds, which are essential in the development of pharmaceuticals and agrochemicals. Additionally, it is employed in research settings to study novel chemical reactions and pathways, contributing to advancements in medicinal chemistry and material science. Its application also extends to the synthesis of biologically active compounds, aiding in the discovery of new drugs and therapeutic agents.