Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals, including antitubercular and antifungal agents. It is also employed in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry. Additionally, it finds application in the preparation of agrochemicals, such as herbicides and insecticides, contributing to crop protection. Its role in the development of polymers and plastics is notable, where it acts as a cross-linking agent to enhance material properties. Furthermore, it is utilized in analytical chemistry as a reagent for detecting and quantifying specific compounds.