This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its unique structure makes it valuable for constructing complex molecules, particularly in the development of drugs targeting neurological disorders and other therapeutic areas. Additionally, it is employed in material science for the design of organic semiconductors and other advanced materials, owing to its electronic properties and stability. Researchers also explore its potential in agrochemical applications for creating novel pesticides or herbicides. Its versatility in chemical reactions, such as cross-coupling and functionalization, further enhances its importance in industrial and academic research.