Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Its unique structure allows for the creation of complex molecules with potential therapeutic effects. Additionally, it is employed in agrochemical research to develop new pesticides and herbicides, leveraging its chemical properties to enhance efficacy and selectivity. In material science, it contributes to the synthesis of advanced polymers and coatings, improving durability and performance in various industrial applications.