Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antimicrobial and antifungal properties. It serves as a key building block in the preparation of heterocyclic compounds, including thiazoles and benzothiazoles, which are common scaffolds in drug design. Also employed in the fabrication of sensors for metal ion detection due to its ability to coordinate with transition metals. Its structural features make it valuable in research focused on novel organic transformations and functional material development.