Used primarily in organic synthesis, this compound serves as a key reagent in the preparation of various heterocyclic compounds, which are essential in pharmaceutical and agrochemical industries. It is particularly valuable in the synthesis of triazoles and tetrazoles, structures frequently found in drugs with antimicrobial, antiviral, and anticancer properties. Additionally, it is employed in the production of dyes and pigments, contributing to the coloration of textiles and other materials. Its role in the development of energetic materials, such as propellants and explosives, is also noteworthy, where it acts as a precursor in the formulation of high-performance compositions. In analytical chemistry, it is used for the derivatization of carbonyl compounds to aid in their identification and quantification.