This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting antifungal and antiviral activities. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that are effective against a range of microbial infections. Additionally, it is employed in the development of agricultural chemicals, where it contributes to the creation of fungicides and herbicides that protect crops from harmful pathogens. Its role in organic synthesis also extends to the preparation of specialized polymers and coatings, enhancing their durability and resistance to environmental stressors.