Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of antifungal and antibacterial agents. It plays a significant role in the production of agrochemicals, including pesticides and herbicides, due to its reactivity and structural properties. Additionally, it is employed in organic synthesis to create complex molecules for research and industrial applications, such as in the development of dyes and other specialty chemicals. Its versatility makes it valuable in the fine chemical industry for constructing thiazole-based compounds.