Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antimicrobial, antifungal, and herbicidal properties. Its heterocyclic structure enhances metabolic stability and binding affinity in drug design. Also employed in the preparation of specialty polymers and corrosion inhibitors due to its electron-rich ring system. Shows potential in materials science for organic electronics because of its thermal stability and favorable electronic characteristics.