Used as a corrosion inhibitor in industrial cooling systems and metal treatment processes due to its strong adsorption on metal surfaces. Also serves as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of antifungal and antimicrobial agents. Its thiol and triazole groups enable coordination with metal ions, making it useful in the formulation of metal deactivators and stabilizers in fuels and lubricants. Additionally, it finds application in the preparation of functional materials and sensors owing to its ability to form complexes with transition metals.