Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of pyrazole-based drugs which exhibit anti-inflammatory, antimicrobial, and analgesic properties. It serves as a building block in agrochemicals for creating pesticides and herbicides due to its ability to enhance bioactivity. Its ester groups allow for easy modification in organic synthesis, making it valuable in medicinal chemistry for constructing heterocyclic compounds. Also employed in research for designing new functional materials and catalysts.