Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of bioactive molecules, including potential antimicrobial and antifungal agents. Additionally, it is employed in the synthesis of complex organic compounds for research purposes, aiding in the study of chemical reactions and material properties. Its application extends to the field of coordination chemistry, where it acts as a ligand to form metal complexes with potential uses in catalysis and material science.