This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex chemical structures. Its oxadiazole ring is particularly valuable in the creation of pharmaceuticals, as it is a common motif in drug molecules, contributing to their biological activity. Additionally, it is employed in the synthesis of agrochemicals, where it can be incorporated into compounds designed to protect crops from pests and diseases. The isopropyl group enhances the lipophilicity of the molecule, which can improve its absorption and distribution in biological systems, making it a useful component in the design of active ingredients for various applications.