Widely used in organic synthesis as a versatile reagent for constructing complex molecular structures. It serves as a key intermediate in the preparation of various heterocyclic compounds, which are essential in pharmaceutical research. Its application extends to the development of agrochemicals, where it aids in the synthesis of active ingredients for crop protection. Additionally, it is employed in material science for the creation of functionalized polymers and coatings, enhancing their durability and performance. Its unique chemical properties make it valuable in catalysis, particularly in reactions requiring precise control over stereochemistry.