Benzo[d]oxazol-2-ylmethanol is primarily used in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of compounds with potential biological activities, such as antimicrobial, antifungal, and anti-inflammatory agents. Additionally, it is utilized in the preparation of fluorescent dyes and optical brighteners, which are applied in textiles, paper, and plastics industries to enhance visual appearance. Its role in the creation of advanced materials, including polymers and coatings, also highlights its versatility in industrial applications.