This compound is primarily utilized in organic synthesis as a key intermediate for the development of various pharmaceuticals and bioactive molecules. Its structure is particularly valuable in the synthesis of heterocyclic compounds, which are often explored for their potential therapeutic properties. Researchers employ it in the preparation of pyridine derivatives, which are known for their applications in drug discovery, including the development of anti-inflammatory, antimicrobial, and anticancer agents. Additionally, it serves as a building block in the creation of complex molecules for agrochemical research, contributing to the design of new pesticides or herbicides. Its versatility in chemical reactions, such as cyclization and functional group transformations, makes it a valuable tool in medicinal chemistry and material science.