Used as a key intermediate in the synthesis of nitrogen-rich heterocyclic compounds for pharmaceuticals and agrochemicals. Serves in the development of fluorescent dyes and sensors due to its ability to chelate metal ions and participate in coordination chemistry. Applied in materials science for constructing conductive polymers and energetic materials owing to its hydrazine functional groups that enhance reactivity and thermal stability. Also explored in catalysis and as a building block for covalent organic frameworks (COFs) in porous material design.