This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of benzothiazole derivatives. These derivatives are often explored for their potential therapeutic properties, including antimicrobial, anti-inflammatory, and anticancer activities. Additionally, it is employed in material science for the creation of advanced organic materials with specific electronic or optical properties. Its unique structure allows for modifications that can lead to the development of novel compounds with tailored functionalities.