N-(naphthalen-2-yl)acetohydrazide is primarily utilized in the field of medicinal chemistry for its potential biological activities. It is often explored as a precursor or intermediate in the synthesis of various pharmacologically active compounds. Researchers have investigated its role in the development of antimicrobial, antifungal, and anticancer agents due to its structural properties, which can interact with biological targets effectively. Additionally, it is studied for its potential use in creating novel inhibitors for enzymes or proteins involved in disease pathways. Its applications also extend to material science, where it is used in the synthesis of organic compounds with specific optical or electronic properties.