Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various antifungal and antimicrobial agents. Its structure is particularly valuable in the development of drugs targeting fungal infections, as it helps inhibit the growth of pathogenic fungi. Additionally, it is utilized in research to study and design new therapeutic compounds with improved efficacy and safety profiles. Its applications extend to the production of specialized chemicals for agricultural use, where it contributes to the formulation of fungicides to protect crops from fungal diseases.