This chemical is primarily used in the synthesis of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of various bioactive compounds, including antimicrobial and antifungal agents. Its structure is particularly valuable in the development of thiazole-based drugs, which are known for their therapeutic properties. Additionally, it finds application in research and development for creating novel compounds with potential medicinal benefits. Its role in organic synthesis also extends to the preparation of dyes and pigments, where it contributes to the stability and color properties of the final product.