This compound is primarily used in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting various medical conditions. Its structure makes it a valuable building block for creating thiazole derivatives, which are known for their biological activity. It is often employed in research to develop antimicrobial, anti-inflammatory, and anticancer agents. Additionally, it serves as a precursor in the production of agrochemicals, contributing to the creation of pesticides and herbicides. Its applications also extend to material science, where it is used in the synthesis of organic compounds for advanced materials.