This chemical is primarily used in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of biologically active molecules such as anti-inflammatory and antimicrobial agents. Additionally, it is utilized in the production of agrochemicals, contributing to the creation of pesticides and herbicides. Its reactivity and structural properties make it valuable in research and development for designing novel compounds with potential therapeutic or industrial applications.