This chemical is primarily utilized in organic synthesis as an intermediate for the development of more complex compounds. It finds application in the pharmaceutical industry, where it is used in the synthesis of active pharmaceutical ingredients (APIs) that may possess therapeutic properties. Additionally, it serves as a building block in the production of various fine chemicals and specialty materials, particularly in the development of compounds with potential antimicrobial or antifungal activities. Its structural features make it suitable for use in research and development of new drugs or chemical entities.