Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules that target enzyme inhibition. Its structure supports derivatization for creating compounds with antimicrobial, antifungal, or anti-inflammatory properties. Commonly employed in research settings for designing novel heterocyclic compounds due to the reactivity of the triazole ring and the presence of halogen and ester functional groups. Also utilized in material science for developing corrosion inhibitors and stabilizers in polymers.