This chemical is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of antifungal agents. It serves as a key intermediate in the production of compounds that target fungal infections by inhibiting specific enzymes essential for fungal growth. Additionally, it is explored in the creation of novel therapeutic agents due to its structural properties, which allow for effective binding to biological targets. Its application extends to agricultural chemistry, where it is investigated for the development of fungicides to protect crops from fungal diseases. Researchers also study its potential in material science for designing advanced polymers and coatings with specialized properties.