This compound is primarily utilized in the field of agricultural chemistry as a key intermediate in the synthesis of fungicides. Its structure is particularly effective in targeting and inhibiting the growth of fungal pathogens that affect crops, thereby protecting agricultural yields. Additionally, it is researched for its potential use in developing novel pharmaceutical agents, particularly in the realm of antimicrobial and antifungal therapies, due to its bioactive properties. Its unique chemical framework allows for further modifications to enhance efficacy and specificity in various applications.