Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of thiazole-based drugs with antimicrobial and anti-inflammatory properties. It serves as a building block in organic reactions where functionalized thiazoles are required, especially in the preparation of bioactive molecules and heterocyclic compounds. Its hydroxyl group allows for further chemical modifications, making it valuable in medicinal chemistry for structure-activity relationship studies. Also employed in the production of agrochemicals and dyes due to the stability and reactivity of the thiazole ring.