This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of thiazole derivatives, which are known for their biological activities. These derivatives are often explored for their potential use in developing new drugs, including antimicrobial, antifungal, and anti-inflammatory agents. Additionally, it finds application in the creation of pesticides and herbicides, contributing to the development of more effective crop protection solutions. Its role in organic synthesis also extends to the preparation of complex molecules used in material science and chemical research.