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 design of pharmaceuticals, as it can mimic certain biological molecules, enhancing drug efficacy and stability. Additionally, it is employed in the creation of agrochemicals, contributing to the development of new pesticides and herbicides with improved performance and reduced environmental impact. In material science, it is explored for its potential in creating novel polymers and coatings that offer enhanced durability and resistance to degradation.