This compound is primarily utilized in the pharmaceutical and chemical research sectors due to its structural properties. It serves as an intermediate in the synthesis of more complex molecules, particularly those with potential biological activity. Its benzimidazole core is of interest in the development of drugs targeting various diseases, including infections and cancer, owing to its ability to interact with biological targets. Additionally, it may be explored in material science for the development of novel polymers or coatings, leveraging its functional groups for cross-linking or modification. Its application is largely experimental, with ongoing research to uncover its full potential in diverse fields.