Used primarily as a reagent in analytical chemistry for the detection and quantification of metal ions, particularly copper and iron, due to its ability to form stable complexes. It is also employed in the synthesis of organic compounds, serving as a building block for heterocyclic structures. In materials science, it finds application in the development of polymers and resins, where it acts as a cross-linking agent to enhance mechanical properties. Additionally, it is utilized in corrosion inhibition studies, where it helps protect metal surfaces from degradation in aggressive environments. Its role in biochemistry includes research on enzyme inhibition and protein interactions, contributing to the understanding of biochemical pathways.