Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antifungal and antimicrobial agents. Its aldehyde functional group allows for easy modification, enabling the formation of Schiff bases and other derivatives that exhibit biological activity. Also employed in agrochemical research for designing new crop protection agents. Additionally, it serves as a building block in heterocyclic chemistry for creating complex triazole-based structures with potential applications in materials science and medicinal chemistry.