Primarily used in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of antimicrobial and antifungal agents, contributing to the creation of drugs that target resistant pathogens. Additionally, it is employed in agrochemical research for the formulation of pesticides and herbicides, leveraging its chemical properties to enhance efficacy and stability. In material science, it finds application in the development of specialized coatings and polymers, where its functional groups improve performance characteristics such as durability and resistance to environmental factors.