Used primarily in the synthesis of pharmaceutical compounds, it serves as a key intermediate in the production of drugs targeting various diseases. Its hydrazide functional group makes it valuable in creating hydrazone derivatives, which are explored for their antimicrobial and anticancer properties. Additionally, it is utilized in organic chemistry research for developing novel chemical entities with potential therapeutic applications. In material science, it contributes to the design of polymers and coatings with enhanced properties. Its role in analytical chemistry includes its use as a reagent for detecting and quantifying specific substances in complex mixtures.