Ethyl oxazole-2-carboxylate is widely used as a key intermediate in the synthesis of various pharmaceuticals and agrochemicals. Its structure makes it valuable for constructing heterocyclic compounds, which are essential in drug development. It is particularly significant in the production of antiviral, antibacterial, and antifungal agents. Additionally, it serves as a building block in organic synthesis, enabling the creation of complex molecules for research and industrial applications. Its versatility also extends to the development of novel materials and specialty chemicals.