This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. Its structure is integral in creating molecules that exhibit neuroprotective and anti-inflammatory properties. Additionally, it serves as a key intermediate in the production of benzothiazole derivatives, which are explored for their potential in treating neurodegenerative diseases such as Alzheimer's and Parkinson's. In agricultural chemistry, it is employed in the formulation of fungicides and herbicides, contributing to the protection of crops from fungal infections and weed growth. Its versatility in chemical synthesis also extends to the field of material science, where it is used in the creation of advanced polymers and coatings with enhanced durability and resistance to environmental stressors.