Used as an intermediate in the synthesis of fluorescent dyes and optical brighteners due to its nitro and heterocyclic structure, enhancing light absorption and emission properties. Also employed in the development of agrochemicals and pharmaceuticals, where the benzoxazole core contributes to bioactivity. Its thiol group allows for functionalization in coordination chemistry, making it useful in the design of metal sensors or chelating agents. Additionally, derivatives are explored in materials science for organic semiconductors and photoresponsive coatings.