Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Its aldehyde functional group allows for condensation and nucleophilic addition reactions, making it valuable in constructing heterocyclic compounds. Commonly employed in the development of fluorescent dyes and optical brighteners due to its conjugated structure. Also serves as a building block in the synthesis of bioactive molecules, including antifungal and anti-inflammatory agents. Its rigid benzoxazole core enhances stability and electron transport, useful in materials science for OLEDs and sensors.