Used in organic synthesis as a building block for the preparation of various heterocyclic compounds. It serves as a key intermediate in the development of pharmaceuticals, particularly in the synthesis of potential drug candidates with antimicrobial, antifungal, or anticancer properties. Additionally, it is employed in the creation of ligands for metal coordination complexes, which are useful in catalysis and material science. Its reactivity with carbonyl compounds makes it valuable in the formation of hydrazone derivatives, which are studied for their biological activities and applications in chemical sensors.