This compound is primarily utilized in organic synthesis as an intermediate for the preparation of various heterocyclic compounds. It serves as a key building block in the development of pharmaceuticals, particularly in the synthesis of molecules with potential biological activity. Additionally, it is employed in the creation of ionic liquids, which are used as solvents or catalysts in chemical reactions due to their unique properties. Its benzimidazole core structure makes it valuable in the design of materials with specific electronic or optical characteristics, such as organic semiconductors or light-emitting materials.