Benzo[d]oxazole-2-carbohydrazide is primarily utilized in the field of medicinal chemistry due to its potential biological activities. It serves as a key intermediate in the synthesis of various heterocyclic compounds, which are often explored for their pharmacological properties. Researchers investigate its derivatives for potential applications as antimicrobial, anti-inflammatory, and anticancer agents. Additionally, it is used in the development of fluorescent probes and sensors, leveraging its unique structural properties for detecting specific molecules or ions in analytical chemistry. Its versatility also extends to material science, where it contributes to the design of organic electronic materials and polymers.