This chemical is widely used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of bioactive molecules, including those with potential antidepressant and anxiolytic properties. Additionally, it is employed in organic synthesis for creating complex organic structures, often utilized in research and development of new therapeutic agents. Its application extends to the field of material science, where it is used in the preparation of polymers and coatings with specific functional properties.