Used primarily as a versatile intermediate in organic synthesis, it plays a key role in the production of pharmaceuticals, particularly in the development of drugs with tetrazole rings, which are known for their bioisosteric properties. It is also employed in the creation of agrochemicals, where it contributes to the synthesis of compounds with herbicidal and insecticidal activities. Additionally, it finds application in materials science, aiding in the development of polymers and coatings with enhanced stability and performance. Its ability to act as a ligand in coordination chemistry makes it valuable in catalytic processes and metal-organic frameworks.