This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of more complex molecules. Its structure, featuring both a triazole ring and a benzoic acid group, makes it valuable in the development of pharmaceuticals, particularly in the design of drugs targeting specific biological pathways. Additionally, it is employed in the synthesis of materials with potential applications in organic electronics and photovoltaics, due to its ability to facilitate charge transport. The compound is also explored in the development of metal-organic frameworks (MOFs) and other advanced materials, where its functional groups can enhance structural stability and reactivity.