Used as a corrosion inhibitor in industrial cooling systems, particularly for copper and steel components. It functions by forming a protective film on metal surfaces, reducing oxidation and degradation in aqueous environments. Also employed in agrochemical formulations as a stabilizer to enhance shelf life of certain pesticides. Shows potential in pharmaceutical research due to its structural similarity to bioactive heterocycles, being investigated for antimicrobial and anti-inflammatory properties. Additionally, serves as a ligand in coordination chemistry for synthesizing metal complexes used in catalysis and material science.