Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the development of drugs targeting various diseases. Its structure is valuable in creating molecules with potential anti-inflammatory, antimicrobial, and anticancer properties. Additionally, it is employed in organic chemistry research to study triazole-based compounds, which are known for their stability and versatility in drug design. The compound also finds application in material science, particularly in the development of advanced polymers and coatings with enhanced durability and performance. Its role in the synthesis of dyes and pigments further extends its utility in industrial applications.