Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of antibiotics and antifungal agents. It serves as a building block in heterocyclic chemistry due to its reactive scaffold, enabling the creation of biologically active molecules. Employed in agrochemicals for the formulation of pesticides and herbicides owing to its ability to enhance bioactivity. Also utilized in research for designing novel compounds with potential antimicrobial and anti-inflammatory properties. Its derivatives are explored in material science for developing corrosion inhibitors and functional organic materials.