This chemical is primarily used in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. It plays a significant role in the development of antifungal and antimicrobial drugs due to its structural properties, which enhance the efficacy of these medications. Additionally, it is utilized in research laboratories for studying enzyme inhibition and developing new compounds with potential biological activities. Its versatility also extends to the agricultural sector, where it contributes to the formulation of pesticides and herbicides, helping to protect crops from harmful pathogens and pests.