Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It also serves in the preparation of agrochemicals, enhancing the efficacy of certain herbicides and fungicides. Its structure supports metal coordination, making it useful in catalysis and material science applications, especially in the design of luminescent complexes and sensors. Additionally, it has been explored in the formulation of corrosion inhibitors for metals in industrial systems.