This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical agents. Its structure, featuring a benzimidazole core, makes it valuable in the development of drugs targeting specific biological pathways. Additionally, it is employed in the creation of specialty chemicals used in research and industrial applications, particularly in the synthesis of compounds with potential therapeutic properties. Its versatility also extends to material science, where it can be incorporated into the design of advanced materials with tailored functionalities.