Used in organic synthesis as a building block for the preparation of various heterocyclic compounds. It serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs with potential antimicrobial and anticancer properties. The compound is also utilized in the synthesis of agrochemicals, contributing to the creation of herbicides and pesticides. Additionally, it finds application in polymer chemistry, where it acts as a cross-linking agent to enhance the mechanical properties of certain materials. Its hydrazide functional group makes it valuable in the design of chelating agents for metal ion detection and extraction in analytical chemistry.