This chemical is primarily utilized in organic synthesis as a building block for more complex molecules. It is often employed in pharmaceutical research and development, where it serves as an intermediate in the creation of various drug compounds. Its structure allows for further functionalization, making it valuable in the design of potential therapeutic agents. Additionally, it finds use in material science for the synthesis of specialized organic materials. Its unique properties make it suitable for applications in agrochemicals, where it can be incorporated into the development of pesticides or herbicides. The compound is also explored in academic research for studying chemical reactions and mechanisms.