Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals, particularly those targeting central nervous system disorders. Its structure is valuable in the development of heterocyclic compounds, which are essential in medicinal chemistry for creating drugs with improved efficacy and reduced side effects. Additionally, it finds application in agrochemical research, aiding in the synthesis of novel pesticides and herbicides. Its versatility also extends to material science, where it contributes to the development of advanced polymers and coatings with specialized properties.