Used in organic synthesis as a building block for more complex molecules, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key intermediate in the synthesis of various heterocyclic compounds, which are important in drug development. Additionally, it is employed in the creation of fragrances and flavoring agents due to its unique chemical structure, contributing to the aroma profiles of certain products. In research, it is utilized to study reaction mechanisms and develop new synthetic pathways.