This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of thiazole derivatives, which are known for their therapeutic potential in treating conditions like epilepsy and anxiety. Additionally, it is employed in the development of antimicrobial agents, contributing to the creation of compounds effective against resistant bacterial strains. Its role in organic synthesis also extends to the preparation of agrochemicals, where it aids in formulating pesticides and herbicides with enhanced efficacy.