Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is valuable for constructing thiazole-containing molecules, which are often found in drugs targeting bacterial infections, inflammation, and other therapeutic areas. Additionally, it is employed in the development of fungicides and herbicides, leveraging its reactivity to form complex chemical structures. Researchers also utilize it in the synthesis of advanced materials and ligands for catalysis, making it a versatile tool in both industrial and academic settings.