Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure supports the creation of compounds with biological activity, including potential antifungal and antibacterial agents. Also employed in the manufacture of fluorescent dyes and optical brighteners due to its benzoxazole core, which exhibits favorable photophysical properties. Additionally, it serves as a building block in the synthesis of more complex heterocyclic systems for use in materials science, including organic semiconductors and sensors.