Widely used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of antifungal and antimicrobial agents. It serves as a building block in organic chemistry for creating complex molecules with potential therapeutic applications. In industrial settings, it is utilized in the production of specialty chemicals, including corrosion inhibitors and ionic liquids, which are essential in energy storage and electrochemical processes. Additionally, its derivatives are explored in material science for developing polymers and coatings with enhanced properties.