This chemical is primarily utilized in the pharmaceutical and chemical research industries as a key intermediate in the synthesis of various bioactive compounds. Its tetrazole moiety is particularly valuable in drug development, as tetrazole-containing molecules are known for their metabolic stability and ability to mimic carboxylic acids, making them useful in designing enzyme inhibitors and receptor antagonists. Additionally, it serves as a building block in the production of heterocyclic compounds, which are often explored for their potential therapeutic applications, including anti-inflammatory, antiviral, and anticancer properties. Its structural features also make it a candidate for use in materials science, particularly in the development of advanced polymers and coordination complexes.