This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of compounds with potential antimicrobial and antifungal properties. Its structural features make it a valuable building block for designing drugs targeting specific enzymes or pathways in microorganisms. Additionally, it is explored in agrochemical research for creating novel pesticides or herbicides, leveraging its ability to interact with biological systems. Researchers also investigate its potential in material science for developing functionalized materials with specific chemical properties.