Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. It participates in the formation of heterocyclic compounds, which are key structures in many bioactive molecules. Due to its reactivity as a hydrazide derivative, it is employed in condensation reactions to build complex molecules, especially in research settings for developing new drug candidates. It also finds use in the synthesis of specialty polymers and functional materials where controlled molecular architecture is required.